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payroll processing Reprocessing cost of the entire payroll due to data errors: $10,000 ...

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Accounting

payroll processing
Reprocessing cost of the entire payroll due to data
errors: $10,000
A data validation control can reduce the likelihood of
data error from 15% to 1%
The cost of the data validation control: $600
Question: should the data validation control procedure be
implemented?
show calculations and give explanation please

Answer & Explanation Solved by verified expert
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