An auditor traces a sample of electronic time cards before and after the bi-weekly payroll report and then traces to the payroll master file to determine that payroll transactions are reported in the correct period. The auditor is gathering evidence for which audit objective?
A) completeness
B) existence
C) cut-off
D) accuracy

Question

Quizplus · Accepted Answer

Tracing a sample of electronic time cards before and after the bi-weekly payroll report and tracing them to the payroll master file ensures that payroll transactions are reported in the correct period, which relates to the cut-off audit objective.

An Auditor Traces a Sample of Electronic Time Cards Before