Question: Hello, I would be forever grateful if you could help. Thank you so much!! Explain the main objectives of internal control in relation to payroll

Hello, I would be forever grateful if you could help. Thank you so much!!

  1. Explain the main objectives of internal control in relation to payroll system. (Supported by concrete example. (10 marks)
  2. What are the matters that should be considered before accepting an audit engagement? (15 marks)

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