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What are the common errors and frauds in payroll cycle

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Reference no: EM132451395

Questions -

Q1. 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?

Q2. What features of the payroll system could be expected to prevent or detect payment of a fictitious employee?

Q3. What about the omission of payment to an employee?

Note - Must be at least 300 words! (100 words per question).

Reference no: EM132451395

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