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62. One of the auditor's objectives in observing the actual distribution of payroll checks is to determine that every name on the payroll is that
62. One of the auditor's objectives in observing the actual distribution of payroll checks is to determine that every name on the payroll is that of a bona fide employee. The payroll observation is an auditing procedure that is generally performed for which of the following reasons? a) The professional standards that are generally accepted require the auditor to perform the payroll observation. b) The various phases of payroll work are not sufficiently segregated to afford effective internal control. c) The independent auditor uses personal judgment and decides to observe the payroll distribution on a particular audit. d) The standards that are generally accepted by the profession are interpreted to mean that payroll observation is expected on an audit unless circumstances dictate othenNise
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