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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 11: Auditing Inventory, Goods and Services, and Accounts Payable: the Acquisition and Payment Cycle
  5. Question
    Approval of Items for Payment Usually Involves a Three-Way Match
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Approval of Items for Payment Usually Involves a Three-Way Match

Question 47

Question 47

True/False

Approval of items for payment usually involves a three-way match among the vendor invoice,the purchase order,and the receiving report.

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