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For the following audit procedure, define the applicable account being tested, the risk of misstatement, the assertion being tested, and type of audit procedure
For the following audit procedure, define the applicable account being tested, the risk of misstatement, the assertion being tested, and type of audit procedure described: Compare checks written in the weeks following the fiscal period to amounts in accounts payable at period-end. Financial Statement Account: Misstatement (over or under): Management's Assertion: Type of Audit Procedure: 8 pc
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