What is the objective of input controls?
Answer to relevant QuestionsWhat risk creates a demand for independent and objective outsiders to provide assurance to decision makers?How can data entry and formatting controls minimize the likelihood of input errors?What functional responsibilities are associated with the payroll cycle? An audit team most likely would assess control risk at the maximum if the payroll department supervisor is responsible for a. Examining authorization forms for new employees. b. Comparing payroll registers with original ...Which of the following payroll control activities would most effectively ensure that payment is made only for work performed? a. Require all employees to record arrival and departure by using the time clock. b. Have a ...
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