Question: An internal control questionnaire for payroll processing occurrence assertion would not include which of the following questions? A) Are names of terminated employees reported in

An internal control questionnaire for payroll processing occurrence assertion would not include which of the following questions?

A) Are names of terminated employees reported in writing to the payroll department?

B) Is the payroll compared to personnel files periodically?

C) Are checks distributed by the employee's immediate supervisor?

D) All of the following would be included.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. an internal control questionnaire for payroll processing occurrence assertion would not include which of the following questions? a. are names of terminated employees reported in writing to the...

Q:

Following is a selection of items from the internal control questionnaire on o payroll system in Exh bit 510 1. Are names of terminated employees reported in writing to the payroll deparment? 2. Are...

Q:

Any help on this question would be appreciated. For 'part a', the dropdown menu included: -Accounting and classification errors -Bank reconciliation errors -Checks issued, not recorded -Errors in...

Q:

EXHIBIT 5.15 Internal Control Questionnaire Payroll Processing Yes/No Comments Control Environment Are all employees paid by check or direct deposit? Is a special payroll bank account used? Are...

Q:

EXHIBIT 5.15 Internal Control Questionnaire Payroll Processing Yes/No Comments Control Environment Are all employees paid by check or direct deposit? Is a special payroll bank account used? Are...

Q:

Auditing i think its visible EP 13-1 Internal Control Questionnaire Items, Mis- E_ statements That Could Occur from Control Weaknesses. LO5, 6 Refer to the internal con- trol questionnaire on a...

Q:

can you answer 5.62 please? Control Environment 1. Are all employees paid by check or direct deposit? 2. Is a special payroll bank account used? 3. Are payroll checks signed by persons who do not...

Q:

Following is a selection of items from the internal control questionnaire on a payroll system in Exhibit 5 . 1 0 . Are names of terminated employees reported in writing to the payroll department? Are...

Q:

Refer to the internal control questionnaire on a payroll system (Exhibit 13A2 in Appendix 13A) and assume the answer to each question is no. Required: Prepare a table matching each question to an...

Q:

5.65 Internal Control Questionnaire Items: Assertions, Tests of Controls, and Possible Errors or Frauds. Following is a selection of items from the payroll processing internal control questionnaire...

Q:

If lim x-0 mx + n 2 X - = 1, then m+n=

Q:

tcp is connection-oriented while udp is connectionless therefore, in tcp, all packets from the source to the destination will follow the same route, which in udp they may follow different routes...

Q:

Question 3 5 pts Which of the following staterments are lowe? I. As average imeentery incresses, the operating cycle increases. Il . As sales on account increasti, the operating cycle decteales. III....

Q:

If the following join statement is used to join two tables in a query, which of the following tables would all of the tuples in the relation appear in results? left join university.students on...