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  2. Topic
    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
    Auditing the Acquisition and Payment Cycle Often Takes More Time
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Auditing the Acquisition and Payment Cycle Often Takes More Time

Question 43

Question 43

True/False

Auditing the acquisition and payment cycle often takes more time than any other cycle.

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