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An auditor is performing a test of controls.He performs the following procedure:Check on the numeric sequence of prenumbered receiving reports to determine that a supplier's
An auditor is performing a test of controls.He performs the following procedure:Check on the numeric sequence of prenumbered receiving reports to determine that a supplier's invoice was recorded for each receiving report
What class of transactions is involved with this procedure?
- None of the items listed is correct
- Cash payments class of transactions
- Acquisitions class of transactions
- Sales class of transactions
- Cash receipts class of transactions
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