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To BEST ensure payroll data accuracy:

A company uses a bank to process its weekly payroll. Time sheets and payroll adjustment forms (e.g., hourly
rate changes, terminations) are completed and delivered to the bank, which prepares checks (cheques) and
reports for distribution. To BEST ensure payroll data accuracy:

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A.
payroll reports should be compared to input forms.

B.
gross payroll should be recalculated manually.

C.
checks (cheques) should be compared to input forms.

D.
checks (cheques) should be reconciled with output reports.

Explanation:
The best way to confirm data accuracy, when input is provided by the company and output is generated by the
bank, is to verify the data input (input forms) with the results of the payroll reports. Hence, comparing payroll
reports with input forms is the best mechanism of verifying data accuracy. Recalculating gross payroll manually
would only verify whether the processing is correct and not the data accuracy of inputs. Comparing checks
(cheques) to input forms is not feasible as checks (cheques)have the processed information and input forms
have the input data. Reconciling checks (cheques) with output reports only confirms that checks (cheques)
have been issued as per output reports.


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