Which of the Following Types of Audit Procedures Is Ordinarily

question 48

Multiple Choice

Which of the following types of audit procedures is ordinarily emphasized the least when auditing payroll?

• A)Tests of controls
• B)Tests of transactions
• C)Analytical procedures
• D)Tests of details of balances

---

Definitions:

Franchise Contracts

Legal agreements granting someone the rights to operate a business under a franchisor's brand and business model.

Indefinitely

For an unspecified or unlimited period of time.

15 to 20 Years

A time frame often referenced in contexts such as long-term investments, mortgage terms, or the expected lifespan of durable goods.

Disclosure Statement

A document that outlines important information about a business or financial transaction, often required by law to ensure transparency.