Multiple Choice
Which of the following internal controls helps ensure that recorded payroll payments are for work actually performed by existing employees?
A) procedures requiring the recording of transactions as soon as possible
B) only valid employees from the computer data files are accepted for processing
C) internal verification of payroll file contents
D) independent preparation of payroll bank reconciliation
Correct Answer:

Verified
Correct Answer:
Verified
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
Q21: In auditing the imprest payroll account,which of
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
Q27: "Recorded payroll transactions are for the amount