When an entity has more than one class of employee, it is important to evaluate the reasonableness of payroll based on employee class. Which of the following procedures is commonly used to test this? -Calculate revenue per employee --Calculate total payroll costs as a percent of revenue --Comparing payroll expenses with prior year balances or budgets --Calculate average payroll cost per employee classification
When an entity has more than one class of employee, it is important to evaluate the reasonableness of payroll based on employee class. Which of the following procedures is commonly used to test this? -Calculate revenue per employee --Calculate total payroll costs as a percent of revenue --Comparing payroll expenses with prior year balances or budgets --Calculate average payroll cost per employee classification
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 6QY
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Question
When an entity has more than one class of employee, it is important to evaluate the reasonableness of payroll based on employee class. Which of the following procedures is commonly used to test this?
-Calculate revenue per employee
--Calculate total payroll costs as a percent of revenue
--Comparing payroll expenses with prior year balances or budgets
--Calculate average payroll cost per employee classification
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