Question: While conducting substantive tests over a company's purchasing process, the auditor determines whether debit balances in accounts payable are significant in the aggregate, and should
While conducting substantive tests over a company's purchasing process, the auditor determines whether debit balances in accounts payable are significant in the aggregate, and should be reclassified as accounts recelvable. This is an example of
tests of details of presentation and disclosure.
tests of details of balances.
initial procedures.
analytical procedures.
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