Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ANSWER ALL ASAP Trace selected transactions recorded in the payroll journal to the human resources department to determine whether the employees were actually employed during

ANSWER ALL ASAP

image text in transcribed

image text in transcribed

image text in transcribed

Trace selected transactions recorded in the payroll journal to the human resources department to determine whether the employees were actually employed during the payroll period. Identify the related audit objective(s). O A Occurrence. B. Accuracy C Posting & summarization D. Timing Questic Toving to another question will save this response. Discuss with the credit manager the likelihood of collecting older accounts and examine subsequent cash receipts and the credit file on older accounts to evaluate whether receivables are collectible. Identify the type of audit test. O A Test of control. B. Analytical procedures. C. Substantive test of transactions, OD Test of details of balances. Examine initialed summary total reports indicating that comparisons between payroll journal and general ledger have been made. Identify the type of audit test. A Test of control. B. Analytical procedures. C. Substantive test of transactions OD Test of details of balances A Moving to another question will save this response

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Accounting 2021

Authors: Bernard J. Bieg, Judith A. Toland

31st Edition

0357358287, 9780357358283

More Books

Students also viewed these Accounting questions

Question

What is the right of survivorship?

Answered: 1 week ago

Question

=+d) What components would you now say are in this series?

Answered: 1 week ago