An Auditor Traces an Employee's Name,job Category,and Employee Number from the Payroll

question 41

Multiple Choice

An auditor traces an employee's name,job category,and employee number from the payroll journal to authorized personnel records.This provides evidence of

• A)Ownership.
• B)Completeness.
• C)Presentation.
• D)Existence/Occurrence

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Definitions:

Treasury Bond

A long-term, interest-bearing security issued by the government, with a maturity period typically longer than ten years.

Xerox

A corporation known primarily for its photocopying products and technology, though it has diversified into digital printing and document solutions.

Exxon

A multinational oil and gas corporation headquartered in the United States, known for its significant role in the global energy sector.

Coupon Bond

A type of bond that pays the holder a regular interest rate (or coupon) in addition to the principal amount at maturity.