What key separation of duties should the auditor expect to find within the payroll and personnel cycle?
What will be an ideal response?
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 addition, payroll processing should be separate from the issuance of payroll disbursements.
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Homeowner enters into an agreement with Grasscutter to cut the grass at Homeowner's house
The contract says nothing about delegation or assignment. Grasscutter gets a friend, Lawnmower, to do the actual work. Which is true? A) Because the contract does not mention assignment or delegation, Grasscutter cannot have someone else perform his duty. B) Grasscutter can have Lawnmower do the work, but Grasscutter can be held responsible if Lawnmower does not do the work properly. C) This is a breach of the original contract because Grasscutter was the person hired. D) This is an assignment by Grasscutter of his duty to cut the grass.