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Why is the ownership assertion a key risk in the payroll process? a) The year-end accruals are small so they may be incomplete b) Payroll
Why is the ownership assertion a key risk in the payroll process?
a) The year-end accruals are small so they may be incomplete
b) Payroll duties cannot easily be segregated in most business
c) Evidence from government income tax is often audited
d) The payroll process involves a high volume of small payments to individuals
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