Multiple Choice
A substantive test of transactions to test the completeness assertion includes:
A) tracing a sample of time sheets to the payroll register.
B) testing a sample of payroll checks for the presence of an authorized time sheet.
C) testing postings to the payroll register for a sample of payroll checks.
D) recomputing the accuracy of a sample of payroll checks.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following could test the
Q15: Which of the following is required of
Q16: Which of the following activities most likely
Q17: An auditor vouched data for a sample
Q18: An auditor most likely would assess control
Q20: Identify whether the following tests are substantive
Q21: Employees must complete a W-4 form to
Q22: The purpose of segregating the duties of
Q23: Possible misstatements related to the occurrence assertion
Q24: In the weekly computer run to prepare