Multiple Choice
An auditor vouched data for a sample of employees in a payroll register to approved clock card/time sheet data to provide assurance that:
A) payments to employees are computed at authorized rates.
B) employees worked the number of hours for which they are paid.
C) segregation of duties exists between the preparation and distribution of the payroll.
D) internal controls relating to unclaimed payroll checks are operating effectively.
Correct Answer:

Verified
Correct Answer:
Verified
Q12: For each of the following tests, identify
Q13: Inherent risk associated with officer compensation is
Q14: Which of the following could test the
Q15: Which of the following is required of
Q16: Which of the following activities most likely
Q18: An auditor most likely would assess control
Q19: A substantive test of transactions to test
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