Question: EP 13-3 Major Risks in the Payroll Process Required: Prepare a schedule of the major risks in the payroll process. Identify the control objectives and

EP 13-3 Major Risks in the Payroll Process

Required: Prepare a schedule of the major risks in the payroll process. Identify the control objectives and financial statement assertions related to each. Lay out a three column schedule as follows

Payroll Process Risk	Control Objective	Assertion

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