Question: 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

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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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 full answer

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