A payroll clerk and an HR clerk colluded in committing a fraudulent act that affects the payroll process. This insider fraud can include O paying a made-up employee name in the payroll who does not work for the company. O a missing employee number. O an inaccurate account classification compared to the master payroll file. O failing to record the payroll accrual journal entry.

A payroll clerk and an HR clerk colluded in committing a fraudulent act that affects the payroll process. This insider fraud can include O paying a made-up employee name in the payroll who does not work for the company. O a missing employee number. O an inaccurate account classification compared to the master payroll file. O failing to record the payroll accrual journal entry.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle

Section: Chapter Questions

Problem 11CYBK

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