When Examining Payroll Transactions, an Auditor Is Primarily Concerned with the Possibility

Multiple Choice

When examining payroll transactions, an auditor is primarily concerned with the possibility of

A) Underpayments and properly authorized payments.
B) Posting of gross payroll amounts to incorrect salary expense accounts.
C) Misfootings of employee time records.
D) Excess withholding of amounts required to be withheld.