Multiple Choice
When the employees are paid automatically by bank deposits to the employees' accounts,in an effort to identify potential fraud,the auditor can look for
A) duplicated bank account numbers.
B) duplicated names in the master payroll files.
C) unusual employee names.
D) cancelled cheques.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: "Recorded payroll payments are for work actually
Q3: The correct cutoff and valuation of accrued
Q4: The human resources department would likely provide
Q5: When examining payroll transactions,an auditor is primarily
Q6: Once the auditor has determined the company's
Q7: The auditor's primary concern in testing payroll
Q8: List examples of substantive test of details
Q9: The auditor should review the preparation of
Q10: A)There are several internal controls in the
Q11: Master file data is the semi-permanent data