menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 20: Audit of the Payroll and Personnel Cycle
  5. Question
    Tests of Controls and Tests of Details of Balances Are
Solved

Tests of Controls and Tests of Details of Balances Are

Question 45

Question 45

True/False

Tests of controls and tests of details of balances are the auditor's most important means of verifying account balances in the payroll and personnel cycle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q40: Which of the following statements is false?<br>A)

Q41: When labor is a material part of

Q42: To minimize the opportunity for fraud, unclaimed

Q43: Auditors typically test details of account balances

Q44: The human resources department is not considered

Q46: Generally, is the inherent risk level for

Q47: Which of the following best describes inherent

Q48: What potential problems may arise when an

Q49: An auditor is vouching a sample of

Q50: For most clients, the balance sheet accounts

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines