Auditors Should Consider the Use of Data Analytics Tools to Such

question 84

True/False

Auditors should consider the use of data analytics tools to such for payroll-related anomalies including duplicate employee names, missing data in the payroll master files, or duplicate direct deposit bank account numbers.

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Definitions:

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The ultimate authority within a defined geographical territory, responsible for creating and enforcing laws.

Legal Jurisdiction

The authority given to a legal body to administer justice within a specific area of responsibility.

Intellectual Property

Legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, and symbols.

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A term often used to describe a medicine that has unexpectedly effective results in curing or significantly treating a disease.