Generally, Is the Inherent Risk Level for the Audit of the Payroll

question 46

Essay

Generally, is the inherent risk level for the audit of the payroll and personnel set at low, moderate, or high?
Explain.

---

Definitions:

Walmart

Refers to an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

Ethical Decision-Making

The method of examining and selecting options in a way that aligns with moral standards.

Course of Action

A plan or strategy designed to achieve a specific goal or to deal with a particular problem.

Stakeholders

Individuals or groups with an interest in the decisions and outcomes of a business, project, or policy, including employees, customers, investors, and communities.