Which of the Following Internal Control Objectives Is Likely to Be

question 6

Multiple Choice

Which of the following internal control objectives is likely to be a larger concern in the audit of the payroll cycle?

• A)Payroll transactions are properly disclosed.
• B)Recorded payroll transactions are valid.
• C)Payroll transactions are recorded in the appropriate time period.
• D)All payroll transactions have been recorded.

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Definitions:

Consistency

The degree of viscosity or firmness of a substance, or the uniformity in the application or adherence to the same principles over time.

Concise Language

The use of few words to convey a message clearly and directly, avoiding unnecessary detail and redundancy.

Concise Language

The use of few words without sacrificing clarity to convey a message effectively.

Blood Vessels

Tubular structures in the circulatory system that transport blood throughout the body, including arteries, veins, and capillaries.