Multiple Choice
The completeness assertion is audited by:
A) comparing payroll master file update control totals to the payroll register totals.
B) comparing the check numbers per the bank statement for missing checks.
C) comparing the deposits in transit to the bank statement.
D) Both a and b.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Time worked not accepted by the payroll
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
Q18: When payroll is outsourced and the auditor
Q19: Outsourcing:<br>A) affects the ICFR of the organization
Q20: Stock compensation plans are frequently valued:<br>A) using
Q21: Organizations that might use a SAS 70
Q22: The human resources payroll cycle interfaces with