Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the first step for any test of the occurrence (exi

The first step for any test of the occurrence (existence) assertion for payroll expense is...

60.1K

Verified Solution

Question

Accounting

The first step for any test of the occurrence (existence) assertion for payroll expense is
a. Assuring that the total gross pay on the payroll register agrees with the amount of the expense line item on the income statement
b. Footing the payroll register used to select a sample
c. Selecting a sample of supporting documentation to trace to the payroll register
d. Selecting a sample of payroll expenses to vouch to supporting documentation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

Discuss the predation behaviors and list one adaptation that enhances the predation effectiveness of     (a) jellies (jellyfish) (b)  dragonflies (c)...

Chemistry
1.2K views

1)How many grams of KH2PO4 are needed to prepare 100.0 mL of a 0.100 M buffer...

Physics
1.2K views

A sound source A and a reflecting surface B move directly toward each other. Relative to...

General Management
1.2K views

Successful communication relies on a positive relationship between the sender of a message and the receiver....

Statistics
1.2K views

11 The Coca Cola Company has 366 000 stockholders and a poll is conducted by...

Calculus
1.2K views

Nevaeh invested $80,000 in an account paying an interest rate of 5 1/8% compounded continuously....

Calculus
1.2K views

. Walter drives 7 mph over the speed limit on a suburban street. In the...

Algebra
1.2K views

Identify the vertex and leading coefficient Then write the expression as f x ax bx...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below] Rondo and his business...

Accounting
1.2K views

The question is : why might caldwell toys prefer normal costing over actual costing, Write...

Finance
1.2K views

Kuhn Co. is considering a new project that will require an initial investment of $4...

Finance
1.2K views

Our company forecasts that it will pay a $5.00 dividend next year, which represents 100%...