Identify Whether the Following Tests Are Substantive Analytical Procedures, Tests

question 20

Essay

Identify whether the following tests are substantive analytical procedures, tests of details of transactions, or tests of details of account balances.
1)Trace a sample of payroll checks to the master employee list to verify occurrence.
2)Recalculate the mathematical accuracy of a sample of payroll checks.
3)Test a sample of bank reconciliations for the payroll bank account.
4)Estimate sales commissions by applying commission formulas to recorded sales totals.
5)Compare amounts accrued to supporting documentation, such as payroll tax returns.
6)Compare payroll costs as a percentage of sales to industry data.

Grasp basic guidelines for workplace conduct, including managing interpersonal relations and understanding sexual harassment.

Understand the importance and structure of occurrence reporting in reducing liability and improving patient care.

Recognize the value of leadership and followership in healthcare management.

Learn the characteristics of effective goal-setting in a medical office environment.

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Definitions:

Batching Economies

The cost advantages gained by producing or processing goods in large batches, as opposed to individually or in small quantities.

Procurement

The process of sourcing and acquiring goods, services, or works from an external source, often through tendering or competitive bidding.