
Otto decided to outsource the payroll function to Magna Plus.The controller of Otto should still
A) recalculate the payroll and its remittance to ensure accuracy.
B) review and authorize each individual payment to employees.
C) review the payroll journal and compare the total hours worked with the payroll time records.
D) inquire with the manager of Magna Plus if they suspect any unusual transactions.
Correct Answer:
Verified
Q41: Which of the following is a substantive
Q42: As part of your audit of the
Q43: Even though the tests of controls are
Q44: "Recorded payroll transactions are for the amount
Q45: Which of the following is most likely
Q47: Which of the following internal controls helps
Q48: Which of the following internal controls would
Q49: Which of the following controls will help
Q50: Which of the following tests of controls
Q51: Which of the following internal control tests
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents