Question: 1. At which points in the payroll and fixed asset cycle are independent verification controls necessary? 2. In a payroll system with real-time processing of

1. At which points in the payroll and fixed asset cycle are independent verification controls necessary? 2. In a payroll system with real-time processing of human resource management data, control issues become very important. List some items in this system that could be very sensitive or controversial. Also describe what types of data must be carefully guarded to ensure that they are not altered. Discuss some control procedures that might be put into place to guard against unwanted changes to employees' records

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