Multiple Choice
Which of the following internal control tests would help to assess whether payroll transactions were properly classified?
A) Test clerical accuracy by footing the payroll journal.
B) Recompute net pay and gross pay.
C) Reconcile the disbursements in the payroll journal with the payroll bank statement.
D) Review time records and job records,tracing to labour distribution.
Correct Answer:
Verified
Correct Answer:
Verified
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