Describe why using confirmations for testing completeness of accounts payable is more challenging than using confirmations for
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Describe why using confirmations for testing completeness of accounts payable is more challenging than using confirmations for testing existence of accounts receivable? How can auditors address this challenge (e.g., what is a search for unrecorded liabilities)?
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Related Book For
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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