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Question 12 1 points Sa Trace selected transactions recorded in the payroll journal to the human resources department to determine whether the employees were actually
Question 12 1 points Sa 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. O B. Accuracy O C. Posting & summarization D. Timing Question 13 The accountant reconciles all computer totals to sales staff summary totals and supervisor's sales summary. Identify the related audit objective. O A. Occurrence. O B. Accuracy. C. Posting & summarization. O D. Timing Question 14 1 points Save The following are misstatements that have occurred in Grocery Store, a retail and wholesale grocery company: identify the transaction-related audit objectives that have not been met. A vendor invoice was paid even though no merchandise was ever received. The accounts payable software application does not require the input of a valid receiving report number before a payment can be made. O A. Accuracy O B. Presentation. O C. Posting & summarization. OD. Occurrence. Question 15 Payroll expenses recorded in the wrong month. This possible misstatement can occur in the absence of which control activities: O A. Independent checks on performance. B. Physical control over assets and records. O C. Adequate documents and records. D. Proper authorization
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