Which of the following procedures would normally be performed by the auditor when conducting tests of payroll transactions?
A. Interview employees selected in a statistical sample of payroll transactions.
B. Vouch number of hours worked as shown on payroll to time sheets and time reports signed by the foreman.
C. Confirm amounts withheld from employees' salaries with proper governmental authorities.
D. Examine signatures on paid salary checks.
B. Vouch number of hours worked as shown on payroll to time sheets and time reports signed by the foreman.
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Omari Assembly, Inc, which uses backflush costing, had the following transactions during the month of October : (a) Purchased raw materials on account, $700,000. (b) Requisitioned raw materials to production, $700,000. (c) Distributed direct labor
costs, $105,000. (d) Manufacturing overhead incurred, $215,000 . (Use Various Credits for the account in the credit part of the entry.) (e) Completed all goods. (f) Sold goods for $1,500,00 . on account. Prepare journal entries to record the above transactions.
You asked your employee, Sarah, to conduct an evaluation of the m-learning method that was implemented to support field engineers’ work. Sarah wrote this purpose statement: ? The purpose of this evaluation is to investigate positive and negative outcomes of the m-learning strategy used among field engineers. Is Sarah planning to conduct a goal-based evaluation or a goal-free evaluation?
a. goal-based evaluation b. goal-free evaluation
Which of the following is an example of a firm that is failing its fundamental social responsibility?
A. A firm that prioritizes environmental sustainability B. A firm that has its loss margins exceeding its profit margins C. A firm that uses resources at unsustainable rates D. A firm that is financially unstable
The Code of Hammurabi is an example of a law from a civil law legal system
a. True b. False