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  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
    In Determining That the Accounts Payable Cutoff Is Correct, It
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In Determining That the Accounts Payable Cutoff Is Correct, It

Question 60

Question 60

Multiple Choice

In determining that the accounts payable cutoff is correct, it is essential that the cutoff tests be coordinated with the:


A) confirmation of payables.
B) tests on long-term liabilities.
C) observation of inventory.
D) cash count.

Correct Answer:

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