Question: Two accountants were discussing control activities and tests of controls

Two accountants were discussing control activities and tests of controls for payroll systems. The senior accountant in charge of the engagement said: “It is impossible to determine who authorizes transactions when the payroll account is computerized.”

Required:

Evaluate the senior accountant’s statement about control in a computerized payroll system. List the points in the flow of payroll information where authorization takes place.


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  • CreatedOctober 27, 2014
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