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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 1
  4. Exam
    Exam 18: Audit of the Acquisition and Payment Cycle: Tests of Controls and Substantive Tests of Transactions, and Accounts Payable
  5. Question
    Companies Would Normally Recognize an Account Payable When the Goods
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Companies Would Normally Recognize an Account Payable When the Goods

Question 74

Question 74

True/False

Companies would normally recognize an account payable when the goods are received by the company.

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