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Author Question: In describing the cycle approach to segmenting an audit, which of the following statements isnottrue? (Read 93 times)

Darron12

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on: Aug 21, 2022
In describing the cycle approach to segmenting an audit, which of the following statements is not true?
◦ All general ledger accounts and journals are included at least once.
◦ Some journals and general ledger accounts are included in more than one cycle.
◦ The "capital acquisition and repayment" cycle is closely related to the "acquisition of goods and services and payment" cycle.
◦ The "inventory and warehousing" cycle may be audited at any time during the engagement since it is unrelated to the other cycles.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Darron12 on Aug 21, 2022

ludadtpb

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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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Darron12

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

anyusername12131

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Reply 3 on: Yesterday
Excellent

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