"Recorded payroll transactions are for the amount of time actually worked and at the proper pay rate;withholdings are properly calculated" relates to which control objective?
A)authorization
B)completeness
C)existence
D)accuracy

Question

Quizplus · Accepted Answer

The statement refers to the accuracy control objective, which ensures that transactions are recorded correctly and accurately. The statement specifically mentions that the payroll transactions are recorded for the correct amount of time and pay rate, and that withholdings are calculated properly, demonstrating the importance of accuracy in payroll processing.

"Recorded Payroll Transactions Are for the Amount of Time Actually