Under normal circumstances, with which assertion is the auditor most concerned when auditing Accounts Payable? How might
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Question:
- Under normal circumstances, with which assertion is the auditor most concerned when auditing Accounts Payable? How might the client violate that assertion intentionally? What audit test could be performed to identify whether the client had intentionally violated those assertions? What other accounts would be affected if a misstatement is made in Accounts Payable?
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