Multiple Choice
A file recording payroll transactions for each employee and maintaining total wages paid for year to date is the:
A) summary payroll report.
B) payroll master file.
C) deduction authorisation form.
D) rate authorisation form.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: What is the auditor's main concern when
Q10: 'Recorded payroll payments are for work actually
Q11: A formal review and reporting of obsolete,
Q12: The auditor's transaction-related audit objective for acquisitions,
Q13: Which one of the following is NOT
Q15: Performing the physical count of inventory on
Q16: The file for recording each payroll transaction
Q17: When auditing the payroll and personnel cycle,
Q18: From an audit perspective, transactions are far
Q19: Identify three analytical procedures commonly used when