What is the Transaction-Related Audit Objective being tested? "Existing payroll transactions are recorded." a) Accuracy b) Occurrence c) Cutoff d) Completeness Why would a company choose to use an implest payroll bank account rather than have the payroll clear through the general bank account. a) Provide better control and limit the amounts of possible theft of cash b) Provides better control over payments to suppliers c) To ensure all employees are paid d) To ensure all employees are paid the proper hours at the agreed upon pay rates Place the four documents in order of occurrence (which is prepared first, second, etc.). Vendor invoice, receiving report, purchase requisition, purchase order. a) Purchase requisition, receiving report, purchase order, vendor invoice b) Receiving report, purchase requisition, purchase order, vendor invoice c) Purchase requisition, purchase order, receiving report, vendor invoice d) Vendor invoice, receiving report, purchase requisition, purchase order If a shipment dated December 29, 2019, is made under the purchase and sale terms "FOB- Destination" and the truck delivering the product explodes on the highway en route to the purchaser on January 3, 2020, which party suffers the loss and why? a) Neither b) The seller c) Both the buyer and seller d) The buyer