A what are three important objectives of a payroll

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a.What are three important objectives of a payroll process?
b.What are the key risks that threaten the achievement of those objectives?
c.What are the potential benefits of outsourcing the payroll process?
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Chapter 13 / Exercise 13
Principles of Information Systems
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d.What new risks may arise if the process is outsourced?
e.How should Payswell's management:1.Identify the key controls over the outsourced payroll process?
2.Determine whether those controls are designed adequately andoperating effectively?
Question 10 (3 Marks) CLO51.What are the advantages of positioning the CAE on a senior management level within theorganization?
2.According to the Interpretation of Standard 2000 the CAE has three specific responsibilities. Whatare they?
3.What are the differences between organizational independence and individual objectivity?
4.What are the advantages of using a top down risk based approach?
5.What key elements are taken into consideration when determining how to manage resources in aninternal audit function?
6.What topics are discussed during coordination efforts between the internal audit function and theindependent outside auditors?
7.What are the CAE’S responsibilities when reporting to the audit committee?
relative to its annual internal audit plan. Reporting also should includeidentified significant risk exposures and control issues, corporate governanceissues, and other matters needed or requested by the board and seniormanagement.
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internal auditor
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Principles of Information Systems
The document you are viewing contains questions related to this textbook.
Chapter 13 / Exercise 13
Principles of Information Systems
Reynolds/Stair
Expert Verified

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