You Are Responsible for the Audit of Payroll

question 31

Multiple Choice

You are responsible for the audit of payroll. You have assessed control risk as low for the payroll transactions. Substantive tests of payroll would most likely be limited to analytical procedures and:

• A) tracing employee time records to the payroll transaction file.
• B) recomputing an entire payroll period and compare to the client's records.
• C) tracing amounts in the payroll transaction file to the payroll master file.
• D) recalculating payroll accruals.

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