Multiple Choice
The presentation and disclosure assertion is audited by:
A) tracing the paychecks to the bank statement.
B) tracing the cash disbursements in the general ledger to the imprest account.
C) tracing the control totals for the payroll register to the general ledger.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: An example in the book cites the
Q43: The payroll master file serves which purpose?<br>A)
Q44: A W-2 form can be used as
Q45: An example in the book cites the
Q46: Disclosures associated with payroll include:<br>A) underfunded pension
Q48: AS#5 requires auditors whose public clients use
Q49: The cut-off assertion is audited by:<br>A) reviewing
Q50: Human Resources (personnel) should maintain the payroll
Q51: Which of the following must the auditor
Q52: Tracing wages paid to the appropriate time