Inventory and fraudulent Payroll considerations Relationship between Payroll and Inventory valuation Tests for nonexistent payroll Loebbecke, Auditing, 8/E 2000 Prentice Hall. InArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. Inventory and Fraudulent Payroll Considerations Relationship between Payroll and Inventory Valuation Tests for Nonexistent Payroll