Answered: What is the purpose of the following…

What is the purpose of the following control procedures (i.e., what threats is it designed to mitigate)? a. Compare a listing of current and former employees to the payroll register.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter3: Accounting For Labor

Section: Chapter Questions

Problem 8Q

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What is the purpose of the following control procedures (i.e., what threats is it designed to mitigate)?

a. Compare a listing of current and former employees to the payroll register.

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