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  3. Study Set
    Auditing Assurance Services Study Set 1
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    Exam 15: Audit of Transaction Cycles and Financial Statement Balances I
  5. Question
    The Overall Objective in the Audit of Accounts Payable Is
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The Overall Objective in the Audit of Accounts Payable Is

Question 84

Question 84

Multiple Choice

The overall objective in the audit of accounts payable is to determine whether accounts payable:


A) is overstated.
B) is fairly stated and properly disclosed.
C) is understated.
D) is accurately stated.

Correct Answer:

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