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Author Question: Which of the following isnotan accurate statement regarding the acquisition and payment cycle? (Read 67 times)

ahunt13

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on: Aug 21, 2022
Which of the following is not an accurate statement regarding the acquisition and payment cycle?
◦ The personnel in the receiving department should be independent of the storeroom personnel.
◦ Goods received should be physically controlled from the time of their receipt until their use or disposal.
◦ Accounting records should transfer responsibility for the goods each time they are moved.
◦ The accounting department should be responsible for receiving goods and preparing the receiving report.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ahunt13 on Aug 21, 2022

koung719

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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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ahunt13

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

smrtceo

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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