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  3. Study Set
    Auditing Study Set 2
  4. Exam
    Exam 12: The Purchases, payables, and Payments Process
  5. Question
    Why Are Payables Vouchers Marked "Paid" After Cheques Have Been
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Why Are Payables Vouchers Marked "Paid" After Cheques Have Been

Question 52

Question 52

Essay

Why are payables vouchers marked "paid" after cheques have been issued in payment of vendor invoices?

Correct Answer:

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To show that they have been pr...

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