Which of the Following Is a Major Balance-Related Audit Objective

Multiple Choice

Which of the following is a major balance-related audit objective in testing payroll liabilities?

A) Payroll tax expense is properly recorded.
B) Transactions in the payroll and personnel cycle are recorded in the proper period.
C) Accrual of salaries is the same as the amounts paid on the payroll tax returns.
D) Time records are recorded by supervisors.