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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
    When Auditing Accounts Payable, the Auditor Is More Concerned About
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When Auditing Accounts Payable, the Auditor Is More Concerned About

Question 23

Question 23

True/False

When auditing accounts payable, the auditor is more concerned about the possibility of understatements than overstatements.

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