This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: There are several key internal controls over the payment of payroll function that should be present. ... (Read 59 times)

llesku

  • Full Member
  • ***
  • Posts: 175
on: Aug 21, 2022

Question 1

In testing for the transaction-related audit objective of occurrence, an auditor is verifying that the recorded payroll payments are for work actually performed by existing employees. List three key internal controls that a company should have in place in this area.

Question 2

There are several key internal controls over the payment of payroll function that should be present. For example, the payroll should be distributed by someone who is not involved in the other payroll functions. Discuss other key internal controls over the payment of payroll function as it relates to the physical control over assets and records.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by llesku on Aug 21, 2022

reason44

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


llesku

  • Member
  • Posts: 175
Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Evolution of the Sun's luminosity, radius and effective temperature compared to the present Sun Evolution of the Sun's luminosity, radius and effective temperature compared to the present Sun
Hypothetical Range of Perceived Brightness (in jnds) as a Function of Intensity Hypothetical Range of Perceived Brightness (in jnds) as a Function of Intensity
How to find the area of a function using limits and Riemann sums How to find the area of a function using limits and Riemann sums
How to evaluate and sketch a piecewise function pertaining to tax (Part 3) How to evaluate and sketch a piecewise function pertaining to tax (Part 3)
How B Vitamins Function as Coenzymes (c) How B Vitamins Function as Coenzymes (c)
Present Value Formula: Amortization Schedule Present Value Formula: Amortization Schedule
Video: Bone Healing Animation

For a complete list of videos, visit our video library