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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
    It Is Likely in the Acquisition and Payment Cycle That
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It Is Likely in the Acquisition and Payment Cycle That

Question 2

Question 2

True/False

It is likely in the acquisition and payment cycle that audit evidence from substantive analytical procedures alone will be sufficient for the auditor.

Correct Answer:

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