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futurenurse15 futurenurse15
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When determining the methodology for designing tests of details of balances for accounts payable,

▸ the focus by many companies on improving their supply-chain management activities has led to numerous changes in the design of systems used to initiate and record acquisition and payment activities.

▸ it is relatively inexpensive to audit accounts payable.

▸ performance materiality for accounts payable is set relatively low.

▸ inherent risk is often set at low.
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Auditing and Assurance Services

Auditing and Assurance Services


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lnvolley24lnvolley24
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