What key separation of duties should the auditor expect to find within the payroll and personnel cycle?

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What key separation of duties should the auditor expect to find within the payroll and personnel cycle?

Answer:

The human resources department should be independent of the payroll function and should be responsible for hiring and terminating employees, as well as changes in pay rates and deductions. In additional payroll processing should be separate from the custody of signed payroll checks.


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