Multiple Choice
Which of the following audit procedures would be the most effective in testing for nonexistent employees?
A) Trace transactions recorded in the payroll journal to the human resources department to determine employment status.
B) Examine cancelled checks for proper endorsement.
C) Recalculate net pay.
D) Reconcile the disbursements in the payroll journal with the disbursements on the payroll bank statement.
Correct Answer:
Verified
Correct Answer:
Verified
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