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  3. Study Set
    Auditing and Assurance Services Study Set 2
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    Exam 22: Audit of the Capital Acquisition and Repayment Cycle
  5. Question
    Responsibility for the Issuance of New Notes Payable Would Normally
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Responsibility for the Issuance of New Notes Payable Would Normally

Question 48

Question 48

Multiple Choice

Responsibility for the issuance of new notes payable would normally be vested in the


A) board of directors.
B) purchasing department.
C) accounting department.
D) accounts payable department.

Correct Answer:

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