Multiple Choice
Which of these is the least likely risk factor for payroll?
A) Payments to fictitious employees.
B) Payments to actual employees for hours less than they worked.
C) Payment to actual employees for hours not worked.
D) Payments to actual employees at higher than authorised rates
Correct Answer:
Verified
Correct Answer:
Verified
Q36: Payroll functions include all of the following
Q37: Test data may be used to test
Q38: Tests of details of transactions for payables
Q39: In witnessing a payroll distribution, the auditor
Q40: Responsibility for updating of the personnel data
Q42: Which of these is not a source
Q43: The batching of payroll documents is normally
Q44: Controls specific to the recording of cash
Q45: Controls over the preparation and signing of
Q46: A programmed routine in the edit run