Question: 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

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

d) both a and b

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