Multiple Choice
The computer file used for recording payroll transactions for each employee and maintaining total wages paid for the year to date is the
A) payroll transaction file.
B) payroll master file.
C) payroll bank account reconciliation.
D) payroll tax returns.
Correct Answer:

Verified
Correct Answer:
Verified
Q116: The overall audit objective in the audit
Q117: The _ has the responsibility for approving
Q118: Which of the following statements is correct?<br>A)
Q119: In testing for the transaction-related audit objective
Q120: For good internal control, the payroll function
Q122: The nature, extent, and timing of substantive
Q123: An impress payroll account is a separate
Q124: Separation of duties in the payroll and
Q125: Records that include data about employees such
Q126: What key separation of duties should the