When auditing accounts payables, what are the main management assertions? What are some internal controls in place

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When auditing accounts payables, what are the main management assertions? What are some internal controls in place to prevent material misstatements? How could you test controls to check those assertions?

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Ethical Obligations and Decision Making in Accounting Text and Cases

ISBN: 978-1259969461

5th edition

Authors: Steven M. Mintz, Roselyn E. Morris

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Posted Date: Jul 08, 2022 05:51 PM

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When auditing accounts payables, what are the main management assertions? What are some internal controls in place

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Solution When auditing accounts payables then there are four major auditing assertions that need to be tested during an audit process Completeness Accounts Payable is an obligation that is incurred on ... View the full answer

Ethical Obligations and Decision Making in Accounting Text and Cases

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