Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak. To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

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Question

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

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Answer 2

Question

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

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Answer 3

Question

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

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Answer 4

Question

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

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Answer 5

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

Answer 6

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

Answer 7

Chapter 12, Problem 12.23MCQ

To determine

Concept Introduction:

Substantive test of details on payroll transactions means the details checking of records of employees, attendance, rate of wages and compare the wage records daily. Substantive test of details on payroll transactions is required when internal control is weak.

To choose: The situation when auditor is likely to apply a substantive test of details on payroll transactions.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 12 - Prob. 12.1RQ Ch. 12 - Prob. 12.2RQ Ch. 12 - Prob. 12.3RQ Ch. 12 - Prob. 12.4RQ Ch. 12 - Prob. 12.5RQ Ch. 12 - Prob. 12.6RQ Ch. 12 - Prob. 12.7RQ Ch. 12 - Prob. 12.8RQ Ch. 12 - Prob. 12.9RQ Ch. 12 - Prob. 12.10RQ

Solution Summary: The author explains that substantive test of details on payroll transactions is required when internal control is weak.

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Chapter 12 Solutions