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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 18: Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable
  5. Question
    Which of the Following Accounts Is Not Included in the Acquisitions
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Which of the Following Accounts Is Not Included in the Acquisitions

Question 49

Question 49

Multiple Choice

Which of the following accounts is not included in the acquisitions class of transactions?


A) inventory
B) prepaid expenses
C) sales discounts
D) accounts payable

Correct Answer:

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