Multiple Choice
Which of the following internal controls would help ensure that existing payroll transactions are recorded?
A) time records are approved by supervisors
B) a time clock is used to record time
C) independent preparation of payroll bank reconciliation
D) comparison of payroll master file totals with general ledger control account
Correct Answer:
Verified
Correct Answer:
Verified
Q36: You have been working on the audit
Q37: Which of the following internal controls would
Q38: When auditing the human resources and payroll
Q39: List the common key controls for the
Q40: If there is an error in wage
Q42: General controls must be evaluated and their
Q43: Even though the tests of controls are
Q44: To test whether the client has fulfilled
Q45: The internal auditor is running a computer-assisted
Q46: Which of the following internal control tests