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Author Question: Examples of a client not using prenumbered receiving reports, a client not recording acquisitions ... (Read 60 times)

Rafic Kaaki

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Question 1

Auditors typically set performance materiality for accounts payable relatively low.
◦ true
◦ false

Question 2

Examples of a client not using prenumbered receiving reports, a client not recording acquisitions until cash disbursements are actually made, and because of cash shortages paying bills several months after their due date generally force the auditor to perform more extensive substantive testing of the details of accounts payable.
◦ true
◦ false


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Marked as best answer by Rafic Kaaki on Aug 21, 2022

rika06@comcast.net

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Rafic Kaaki

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


ryansturges

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Reply 3 on: Yesterday
Excellent

 

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