Please answer all 3 questions

Question 1-You tested controls around payroll processing, and the controls failed. Which of the following can you conclude?

a. There is a material misstatement in salary expense

b. There is a misstatement in salary expense, but you cannot determine whether it is material or not

C. None of the above

Question 2 - Which of the following is an entity level control:

a. Every bank reconciliation is reviewed by the CFO

b. Every purchase over a million is approved by a purchasing manager

c. Customer credit limits are reviewed on a monthlv basis

d. None of the above

Question 3-"Prior to a sale made on credit is processed, the customer's credit must be reviewed by a supervisor, who completes and signs a "Customer Credit Review" form." You need to make sure that the supervisors do not forget to review credit. What is the appropriate population to test this control for your purposes?

a. All customer credit review forms

b. All recorded credit sales

C. All supervisors

d. None of the above