Substantive analytical procedures for payroll include:
A) comparing compensation expense account balances with prior year and budget.
B) comparing compensation expense as a percent of total expense.
C) comparing compensation expense as a percent of total sales.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the options (A, B, and C) are examples of substantive analytical procedures for payroll. These procedures involve comparing current data with prior periods, budgets, or other benchmarks to identify significant or unexpected variances that may indicate errors or fraud.

Substantive Analytical Procedures for Payroll Include