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Advanced Auditing question Material Misstatement in the Purchasing Process Managing the risk of material misstatement in the purchasing process is critical. Identify two different industries
Advanced Auditing question
Material Misstatement in the Purchasing Process
Managing the risk of material misstatement in the purchasing process is critical.
- Identify two different industries and analyze how these risks differ from one industry to the other.
- Also, identify internal controls that could help to keep these misstatements to a minimum.
Be sure to respond to at least one of your classmates' posts.
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