Multiple Choice
Which of the following is a test of controls?
A) reviewing the payroll journal,general ledger,and payroll earnings records for large or unusual amounts
B) examining time cards for indication of supervisor approval
C) comparing cancelled cheques with payroll journal for name,amount,and date
D) examining cancelled cheques for proper endorsement
Correct Answer:
Verified
Correct Answer:
Verified
Q27: "Recorded payroll transactions are for the amount
Q28: Ricky recently changed jobs from payroll analyst
Q29: Because of the lack of available evidence,it
Q30: What are the risks of error or
Q31: When labour is a material factor in
Q33: Which is the only one class of
Q34: Recomputing hours worked from time records provides
Q35: The human resources and payroll cycle is
Q36: You have been working on the audit
Q37: Which of the following internal controls would