Multiple Choice
Time worked not accepted by the payroll application program because the employee is not in the payroll master file is an example of which assertion(s) ?
A) Completeness and existence.
B) Existence.
C) Authorization and existence.
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: AU 324 identifies which of the below
Q8: The audit of stock compensation also involves
Q9: List appropriate steps and documents that an
Q10: Input and submission controls required of the
Q11: A W-2 form is used to report
Q13: The existence assertion is audited by:<br>A) tracing
Q14: A time sheet serves which purpose?<br>A) It
Q15: If a client outsources payroll to a
Q16: Tracing the amounts used to calculate payroll
Q17: The completeness assertion is audited by:<br>A) comparing