Which of the Following Audit Procedures Is Aimed at Determining

question 36

Multiple Choice

Which of the following audit procedures is aimed at determining whether every name on the company payroll is an employee actually on the job?

• A) A surprise observation of a paycheck distribution.
• B) A test of payroll extensions.
• C) Analytical comparisons of budgeted to actual payroll expense.
• D) Comparison of payee names on canceled payroll checks with the payroll register.

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Definitions:

Partial ANOVA Table

A component of the ANOVA (Analysis of Variance) output that summarizes partial calculations and results, often excluding some variables or interactions.

Degrees of Freedom

The quantity of separate variables or numbers that are allowed to fluctuate during the evaluation without breaching any restrictions.

F-test

is a statistical test used to compare the variances of two populations to determine if they are equal or not.

F-test Statistic

A value used to determine if there are significant differences between the variances of two or more datasets.