An Internal Control Questionnaire for Payroll Processing Occurrence Assertion Would

question 28

Multiple Choice

An internal control questionnaire for payroll processing occurrence assertion would not include which of the following questions?

• A)Are names of terminated employees reported in writing to the payroll department?
• B)Is the payroll compared to personnel files periodically?
• C)Are checks distributed by the employee's immediate supervisor?
• D)Are all wage rates determined by contract or approved by a personnel officer?.

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Definitions:

Countable Values

Describes a set of values that can be counted, implying the set is finite or its members can be mapped to a subset of the natural numbers.

Success Occurrence

A term referring to the incidence or event in which a desired outcome or goal is achieved.

Random Variable

A mathematical variable with numerical outputs originating from random incidents.

Major Organic Product

The major organic product is the primary substance produced in a chemical reaction involving organic compounds, usually present in the largest amount compared to other products.