CPA · Question 76 · Area III: Performing Procedures
An auditor is testing the 'Accuracy' of the payroll expense. Which of the following procedures is MOST appropriate?
Answer options:
Observing the distribution of paychecks.
Tracing time cards to the payroll register.
Recalculating a sample of payroll checks based on authorized pay rates and hours worked.
Comparing total payroll to the budget.
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