he following are steps in the methodology for designing tests of controls, substantive tests of transactions, and tests of details of balances for the payrol an ersonnel cycle: (Click the icon to view the methodology steps.) equirements a. Identify (1) those steps that are b. Put steps that are tests of contro c. Put the tests of details of balanc i More Info ances. 1. Design tests of details of balances for the payroll and personnel cycle Requirement a. Identify (1) those ste2. Evaluate whether control risk can be assessed as low for payrol ot used in the table, leave the box e 3. Design and perform payroll-and personnel-related substantive analytical details of balances (If a box procedures 4. Identify controls and deficiencies in internal control for the payroll and Tests of controls or substantive tests of transactions personnel cycle 5. Obtain an understanding of the payroll and personnel cycle internal controls 6 Evaluate tests of controls and substantive tests of transactions results 7. Design payroll and personnel cycle tests of controls and substantive tests of transactions 8 Assess inherent risk for payroll-related accounts 9 Evaluate risk and materiality for payroll expense and liability accounts 3. Print Done The following are steps in the methodology for designing tests of controls, substantive tests of transactions, and tests of details of balances for the payroll and personnel cycle (Click the icon to view the methodology steps) Requirements a. Idently (1) those steps that are tests of controls or substantive tests of transactions and () those that are teats of detals of balances b. Put steps that are tests of controls and substantive tests of transactions in the onder of their performance in most audits c. Put the tests of detais of balances in their proper order Requirement a. Idenify (1) those steps that are tests of controls or substantive tests of transacions and (2) those that are ests of detals of balances (f a box s not used in the table, leave the box emply, do not select a label ) Tests of controls or substantive tests of transactions Tests of details of balances 5 their performance in most audits. Put the tests of Requirements b. and c. Put steps that are tests of controls and substantive tests of transactions in the order of Choose from any drop-down list and then continue to the next question Requirements b. and c. Put steps that are tests of controls and substantive tests of transactions in the order of their performance in most audits. Put the ests of details of balances in their proper order (f a box is not used in the table, leave the box empty, do not select a label) Tests of controls or substantive tests of transactions Tests of details of balances IL