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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 11: Auditing Inventory, Goods and Services, and Accounts Payable: the Acquisition and Payment Cycle
  5. Question
    Reduction of the Risk of Understated Payables Can Be Accomplished
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Reduction of the Risk of Understated Payables Can Be Accomplished

Question 3

Question 3

Multiple Choice

Reduction of the risk of understated payables can be accomplished by focusing on which assertion?


A) Existence.
B) Rights.
C) Presentation and disclosure.
D) Completeness.

Correct Answer:

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