Which of the Following Errors Gives the Auditor the Least

question 1

Multiple Choice

Which of the following errors gives the auditor the least concern in auditing payroll transactions?

• A)An error that indicates possible fraud
• B)Computational errors in formulas when a computerized system is used
• C)Classification errors in charging labor to inventory and job cost accounts
• D)Each of the above gives the auditor significant concern.

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Definitions:

Sociological Work

Refers to research, theories, and studies conducted to understand social phenomena, structures, and relationships.

Materialist Philosophy

Materialist philosophy asserts that material conditions determine human consciousness and social structures, prioritizing the physical and tangible aspects of existence over ideas or spiritual conjectures.

Consciousness

The state or quality of awareness, or being aware of an external object or something within oneself, often considered a complex mental state.

Morality

Principles or rules concerning the distinction between right and wrong or good and bad behavior.