Which of the following types of audit tests is usually emphasized due to a lack of independent third-party evidence related to payroll transactions?
A) analytical procedures
B) tests of details of balances
C) tests of controls
D) Each of the above is emphasized.

Question

Quizplus · Accepted Answer

Tests of controls are usually emphasized in payroll transactions due to a lack of independent third-party evidence. These tests focus on evaluating and testing the internal controls in place to ensure the accuracy and completeness of payroll transactions. Analytical procedures may also be used, but tests of details of balances are less relevant in this context.

Which of the Following Types of Audit Tests Is Usually