Possible Misstatements Related to the Occurrence Assertion for Payroll Transactions

question 8

Multiple Choice

Possible misstatements related to the occurrence assertion for payroll transactions include all of the following except:

• A)payments to fictitious employees.
• B)payments to terminated employees.
• C)payments to valid employees who have not worked.
• D)payments to valid employees at a rate in excess of the authorised amount.

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Definitions:

Organized

Being arranged in a systematic way, especially in terms of planning or neatness.

Problem-Solving

The process of identifying a problem, developing possible solutions, and choosing and implementing the best solution.

Irate Patient

A patient who is extremely angry or frustrated, often requiring careful communication and management.

Outpatient Clinic

A healthcare facility where patients receive diagnosis and treatment without an overnight stay, often for routine check-ups or minor procedures.