Multiple Choice
It usually takes more time to audit the acquisition and payment cycle than any other cycle because:
A) there is a greater likelihood of lawsuits against the auditor relating to these accounts.
B) internal controls in this area are usually weaker.
C) there is a greater possibility of fraud in these transactions.
D) of the large number of time-consuming accounts affected.
Correct Answer:

Verified
Correct Answer:
Verified
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