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Author Question: When reviewing the controls and procedures in the acquisition and payment cycle, (Read 23 times)

awgagawg

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on: Aug 21, 2022
When reviewing the controls and procedures in the acquisition and payment cycle,
◦ companies cannot record the liability for the acquisition until the invoice is received from the vendor.
◦ the purchasing department has the responsibility for verifying for appropriateness of the acquisition.
◦ personnel who record the acquisitions should not have access to cash or other assets.
◦ the accounts payable department should account for all receiving reports to assure that the occurrence objective is satisfied.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by awgagawg on Aug 21, 2022

bainer89

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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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awgagawg

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

nathang24

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

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