An auditor is performing a preliminary assessment of a large client’s internal controls over payroll. The auditor would identify which of the following as an improper segregation of duties related to the payroll functions?
The following questions concern auditor responsibilities related to the audit of the payroll and personnel cycle. Choose the best response. a. In auditing the payroll function of a client, an auditor would least likely (1) verify proper segregation of duties. (2) request specific management representations related to payroll. (3) recalculate year-end payroll accruals. (4) apply […]