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Author Question: The auditor is performing substantive tests of balances for accounts payable. What documentation ... (Read 50 times)

nanna

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on: Aug 21, 2022

Question 1

The auditor gets highly reliable evidence about individual transactions by examining
◦ vendors' invoices.
◦ vendors' statements.
◦ confirmations of accounts payable balances.
◦ detailed inventory counting instructions.

Question 2

The auditor is performing substantive tests of balances for accounts payable. What documentation would provide the best evidence for the ending balance?
◦ vendors' invoices
◦ vendors' statements
◦ receiving reports
◦ purchase orders
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by nanna on Aug 21, 2022

hillard sane

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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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nanna

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

marict

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

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