Which of the Following Procedures Would Normally Be Performed by the Auditor

question 56

Multiple Choice

Which of the following procedures would normally be performed by the auditor when conducting tests of payroll transactions?

• A) Interview employees selected in a statistical sample of payroll transactions.
• B) Vouch number of hours worked as shown on payroll to time sheets and time reports signed by the foreman.
• C) Confirm amounts withheld from employees' salaries with proper governmental authorities.
• D) Examine signatures on paid salary checks.

---

Definitions:

Normal Distribution

A probability distribution demonstrating symmetry around the mean, indicating that data points close to the mean occur more often than those far from it.

Multiple Regression

A mathematical method that depicts how a dependent variable is connected to two or more independent variables.

Variance Inflation Factor

A measure that quantifies the extent of multicollinearity in regression models, indicating how much the variance of an estimated regression coefficient is increased.

R Square

A statistical measure of how close the data are to the fitted regression line, reflecting the proportion of the variance in the dependent variable that is predictable from the independent variable(s).