As a high fraud-risk area, payroll data is used to conduct fraud tests. Which of the following is a fraud test for ghost employees? O Payroll processed for employees before their start dates or after their termination dates O Comparison of timecard data to payroll data to identify variances O Comparison of wages earned to employee job classification O Cumulative payroll journal

As a high fraud-risk area, payroll data is used to conduct fraud tests. Which of the following is a fraud test for ghost employees? O Payroll processed for employees before their start dates or after their termination dates O Comparison of timecard data to payroll data to identify variances O Comparison of wages earned to employee job classification O Cumulative payroll journal

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

As a high fraud-risk area, payroll data is used to
conduct fraud tests. Which of the following is a
fraud test for ghost employees?
O Payroll processed for employees before
their start dates or after their
termination dates
Comparison of timecard data to payroll
data to identify variances
Comparison of wages earned to
employee job classification
O Cumulative payroll journal

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