Question: Risk: Control: ABC Category of Control: Explain the risks, controls and control classification that arise in the following cases. 1. The hours worked field in

Risk: Control: ABC Category of Control: Explain the risks, controls and control classification that arise in the following cases. 1. The hours worked field in a payroll transaction record contained the value 400 instead of 40. As a result, the employee received a paycheque for $6,257.24 instead of $654.32. ays

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