Question 8 1 points Save Answer The following internal controls has been taken from a standard internal control questionnaire used by a CPA firm for assessing control risk in the payroll and personnel cycle. For the following internal control, identify the transaction-related audit objective(s) to which it applies. Persons preparing the payroll do not perform other payroll duties (timekeeping, distribution of checks) or have access to payroll data master files or cash. O A. Accuracy O B. Presentation. O C. Posting & summarization CD. Occurrence. Question 9 1 points Save Answer Account for numerical sequence of receiving reports and trace to the acquisitions journal. Then, reconcile vendor statements to accounts payable listing. Identify the related audit objective(s). O A. Occurrence. O B. Completeness. O C. Posting & summarization OD. Timing Question 10 Examine initialed summary total reports indicating that comparisons between payroll journal and general ledger have been made. Identify the related audit objective(s). O A. Occurrence. B. Completeness O C. Posting & summarization O D. Timing 1 points Save Ang Question 11 Send confirmations to banks with which the client does business to confirm with the cash balances, loan balances, as well as the outstanding banking facility. Identify the type of audit test. O A. Test of control. O B. Analytical procedures. O C. Substantive test of transactions. OD. Test of details of balances