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TRUE OR FALSE 28. For good internal control, the payroll function should be independent of the personnel department. 29. Tests of controls and substantive tests
TRUE OR FALSE
28. For good internal control, the payroll function should be independent of the personnel department.
29. Tests of controls and substantive tests of transactions are the auditor's most important means of verifying account balances in the payroll and personnel cycle.
30. It is generally more difficult for the auditor to detect payment of fraudulent hours than payment of fictitious employees.
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