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Which of the Following Tests or Procedures Are Primarily Focused

Question 3

Multiple Choice

Which of the following tests or procedures are primarily focused on the completeness, existence, and valuation assertions?


A) Vouching payroll transactions to supporting documentation
B) Recalculating accrued payroll liabilities at year-end to underlying payroll records
C) Reviewing activity in payroll accounts and investigate entries that appear unusual
D) None of the answer choices is correct.

Correct Answer:

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