Q:

Which of the following audit tests would most likely be used to test the occurrence assertion for payroll transactions?

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Which of the following audit tests would most likely be used to test the occurrence assertion for payroll transactions?


  1. Trace a sample of time sheets to the payroll register.
  2. Recompute the mathematical accuracy of a sample of payroll checks
  3. Trace a sample of payroll checks to the approved time sheet summary and the master employee list to verify validity.
  4. Test a sample of time sheets for the presence of authorization.

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