Which of the Following Procedures Would Be Most Useful in Determining

question 53

Multiple Choice

Which of the following procedures would be most useful in determining the effectiveness of a company's internal controls regarding the existence or occurrence of payroll transactions?

• A)Observe the segregation of duties concerning personnel responsibilities and payroll disbursement
• B)Inspect evidence of accounting for prenumbered payroll checks
• C)Recompute the payroll deductions for employee fringe benefits
• D)Verify the preparation of the monthly payroll account bank reconciliation

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