An auditor reviews a clients payroll procedures The auditor would consider the

An auditor reviews a clients payroll procedures the

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23. An auditor reviews a client's payroll procedures. The auditor would consider the internal control to be less than effective if a payroll department supervisor was assigned the responsibility for: A. reviewing and approving time reports for subordinate employees. B. distributing payroll cheques to employees. C. hiring subordinate employees. D. initiating requests for salary adjustments for subordinate employees. 24. Management's attitude toward aggressive financial reporting and its emphasis on meeting projected profit goals most likely would significantly influence an entity's control environment when:
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25. The control environment component of internal controls includes all of the following except: 26. The risk assessment component of internal controls refers to: 27. Which of the following is not one of the five elements of internal control? A. Corporate governance. B. Control procedures. C. Control environment. D. Information system. 28. The internal control environment includes all of the following except: 29. Transaction authorisation within an organisation may be either specific or general. An example of specific transaction authorisation is the:
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30. An effective internal control requires organisational independence of departments. Organisational independence would be impaired in which of the following situations?
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