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.

---

Definitions:

Immigration

The action of coming to live permanently in a foreign country, which has significant demographic, cultural, and economic impacts.

Deindustrialization

A process characterized by the decline in industrial activity in a region or economy, typically marked by the closing of factories and loss of manufacturing jobs.

Moral Capabilities

The capacities or abilities of individuals to make ethical choices, understand moral principles, and act in ways that are consistent with moral values.

Moral Persons

Beings capable of making ethical decisions and recognizing moral claims upon their actions.