If a client outsources payroll to a service firm, the auditor must obtain a SAS 70 Type I report.
Correct Answer:
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Q1: Substantive analytical procedures of payroll accounts provide
Q2: Tracing wages paid to the union contract
Q4: Time worked not accepted by the payroll
Q5: A W-2 form is used to report
Q6: A W-4 form is used to report
Q7: When payroll is outsourced and the auditor
Q8: Payroll should be notified first when an
Q9: Auditors report their chargeable hours using timesheets.
Q10: Tracing wages paid to the appropriate time
Q11: There are three separate components to the
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