Possible misstatements


Possible misstatements related to the validity internal control objective for payroll transactions include all of the following except

a) Payments to fictitious employees.

b) Payments to terminated employees.

c) Payments to valid employees who have not worked.

d) Payment to valid employees at a rate in excess of the authorized amount.

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Accounting Basics: Possible misstatements
Reference No:- TGS0522186

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