Multiple Choice
The proper use of prenumbered termination forms by the payroll department should provide assurance that all:
A) Uncashed payroll checks were issued to employees who have not been terminated.
B) Personnel files are kept up to date.
C) Employees who have not been terminated receive their payroll checks.
D) Terminated employees are removed from payroll.
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Subsequent events that provide additional evidence as
Q36: Analytical procedures are often used for verification
Q37: The auditors' primary means of obtaining corroboration
Q38: Management estimates the company's allowance for doubtful
Q39: Which of the following statements ordinarily is
Q41: Internal control over payroll is enhanced when
Q42: If management fails to list an unasserted
Q43: Auditors have a responsibility to report on
Q44: During the course of the year 2
Q45: Auditors often request that the audit client