Tracing selected items from the payroll register to approved,employee time cards provides evidence that ________.
A) internal controls relating to payroll disbursements were operating effectively
B) payroll cheques were signed by an appropriate officer independent of the payroll preparation process
C) only bona fide employees worked and their pay was properly computed
D) employees worked the number of hours for which their pay was computed
Correct Answer:
Verified
Q4: The sampling unit in a test of
Q5: The purpose of segregating the duties of
Q6: To best ensure that employees are paid
Q7: What is the major control risk for
Q8: An auditor is most likely to assess
Q10: Which of the following accounts is not
Q11: Selecting a sample of time clock cards
Q12: Production accounting generates important information for management
Q13: Selecting a sample of payroll summaries and
Q14: A bill of materials is associated with
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