The Most Important Control in the Payroll Cycle Is Clear,proper

question 52

Multiple Choice

The most important control in the payroll cycle is clear,proper documentation of the employees job responsibilities and wages by the appropriate level of authority.This control is associated with which audit objective?

• A)completeness
• B)classification
• C)valuation
• D)occurrence

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Definitions:

Tight Budget

Refers to financial constraints that limit spending, requiring careful management of resources and prioritizing expenditures.

Communications Analysis

Examination and assessment of the strategies, channels, and effectiveness of an organization's or individual's methods of communication.

Organization's Reputation

The collective perceptions and opinions held by stakeholders about a company’s conduct, integrity, and achievements.

Surveys

Research method that asks both closed questions (multiple choice, yes or no, true or false) and open-ended questions.