Multiple Choice
Which of the following is a substantive test of transactions?
A) Review personnel policies.
B) Account for a sequence of payroll cheques.
C) Reconcile the disbursements in the payroll journal with the disbursements on the payroll bank statement.
D) Examine printouts of transactions rejected by the computer as having invalid employee numbers.
Correct Answer:
Verified
Correct Answer:
Verified
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