Identify the procedure least likely to be considered a substantive procedure relating to payroll.

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Chapter 16, Problem 37AOQ

To determine

Identify the procedure least likely to be considered a substantive procedure relating to payroll.

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In determining the effectiveness of an entity’s policies and procedures relating to the occurrence assertion for payroll transactions, auditors most likely would inquire about anda. Observe the separation of duties concerning personnel responsibilities and payrolldisbursement.b. Inspect evidence of accounting for prenumbered payroll checks.c. Recompute the payroll deductions for employee benefits.d. Verify the preparation of the monthly payroll account bank reconciliation