When the auditor compares the cancelled check or direct deposit with the payroll journal for amount, they are concerned with the transaction-related audit objective of
A) occurrence.
B) accuracy.
C) classification.
D) timing.

Question

Quizplus · Accepted Answer

The comparison of the cancelled check or direct deposit with the payroll journal for amount is done to ensure that the amount paid to employees is accurate. Therefore, it relates to the audit objective of accuracy.

When the Auditor Compares the Cancelled Check or Direct Deposit