The specific audit objective accounts payable are liabilities of the entity at the end of the reporting

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The specific audit objective “accounts payable are liabilities of the entity at the end of the reporting period” is derived from the:

a. existence or occurrence assertion.

b. completeness assertion.

c. accuracy, valuation, and allocation assertion.

d. rights and obligations assertion.

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Auditing A Practical Approach

ISBN: 9781119709497

4th Canadian Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Feb 27, 2024 03:11 AM

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The specific audit objective accounts payable are liabilities of the entity at the end of the reporting

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