Auditing & Assurance Services (Auditing and Assurance Services)
Auditing & Assurance Services (Auditing and Assurance Services)
7th Edition
ISBN: 9781259573286
Author: Timothy J Louwers, Allen Blay, David Sinason Associate Professor, Jerry R Strawser, Jay C. Thibodeau Associate Professor
Publisher: McGraw-Hill Education
Question
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Chapter 8C, Problem 21EP

a.

To determine

State the audit procedure to verify payroll are accurately totalled and converted into machine-readable records. Identify the expected deviation rate, tolerance deviation rate, and the factor for setting sample size.

b.

To determine

State the audit procedure to obtain evidence that pay rates are assigned and followed appropriately. Also, identify if there is any difference in the procedure while calculating the gross pay manually rather than computer.

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