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Identify six control strengths in the purchase and cash disbursement cycle and explain why each control is a strength (i.e. which accounts and assertions does
Identify six control strengths in the purchase and cash disbursement cycle and explain why each control is a strength (i.e. which accounts and assertions does it strengthen). For each 9 control strength, identify audit procedures to test the effectiveness of control.
You are required to present your answers according to this format:
Identify a control strength Why it is a strength Audit Procedures to test the control 1 2 3 3 etcStep by Step Solution
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