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Author Question: Auditing the acquisition and payment cycle often takes more time than any other cycle. (Read 31 times)

knightj

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on: Aug 21, 2022

Question 1

Which of the following is not one of the classes of transactions in the acquisition and payment cycle?
◦ acquisition of common stock
◦ acquisition of goods and services
◦ cash disbursements
◦ purchase returns and allowances and purchase discounts

Question 2

Auditing the acquisition and payment cycle often takes more time than any other cycle.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by knightj on Aug 21, 2022

khammond77

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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knightj

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

deja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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