When Examining Payroll Transactions,an Auditor Is Primarily Concerned with the Possibility

question 5

Multiple Choice

When examining payroll transactions,an auditor is primarily concerned with the possibility of

• A)overpayments and unauthorized payments.
• B)posting of gross payroll amounts to incorrect salary expense accounts.
• C)misfootings of employee time records.
• D)excess withholding of amounts required to be withheld.