Multiple Choice
In auditing the imprest payroll account,which of the following procedures will take the least amount of auditor time?
A) tests of controls
B) risk analysis and obtaining an understanding of controls
C) analytical procedures
D) tests of details of balances
Correct Answer:
Verified
Correct Answer:
Verified
Q16: A weak internal control system allows a
Q17: A)Discuss three important differences between the human
Q18: The file for recording each payroll transaction
Q19: Which of the following is not a
Q20: A form issued for each employee summarizing
Q22: Which of the following internal controls helps
Q23: Which of the following tests of controls
Q24: Which of the following type of test
Q25: Which of the following controls helps to
Q26: An important consideration in evaluating the fairness