What are the common errors and frauds in the personnel and, Ask an Expert

Accounting

What are the common errors and frauds in the personnel and payroll cycle? Which control characteristic are auditors looking for to prevent or detect these errors and frauds? What features of the payroll system could be expected to prevent or detect payment of a fictitious employee? What about the omission of payment to an employee?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9800046

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