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  3. Study Set
    Auditing and Assurance Services Study Set 2
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    Exam 20: Audit of the Payroll and Personnel Cycle
  5. Question
    The Two Major Balance-Related Audit Objectives in Testing Payroll Liabilities
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The Two Major Balance-Related Audit Objectives in Testing Payroll Liabilities

Question 71

Question 71

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The two major balance-related audit objectives in testing payroll liabilities are accuracy and cutoff.

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