Which one of the following circumstances would NOT cause an auditor to extend payroll procedures considerably?
A) Payroll significantly affects inventory valuation.
B) There is a possibility of material fraudulent payroll transactions.
C) There is a lack of independent third-party evidence, such as confirmations.
D) There is a deficient internal control structure.

Question

Quizplus · Accepted Answer

The Answer of Which one of the following circumstances would NOT cause an auditor to extend payroll procedures considerably?
A) Payroll significantly affects inventory valuation.
B) There is a possibility of material fraudulent payroll transactions.
C) There is a lack of independent third-party evidence, such as confirmations.
D) There is a deficient internal control structure.

Which One of the Following Circumstances Would NOT Cause an Auditor