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Identify the account(s) and assertion(s) that this control will have an effect on in the financial report. (3 marks) - When making cash payments to
- Identify the account(s)and assertion(s)that this control will have an effect on in the financial report. (3 marks)
- When making cash payments to suppliers, the assistant accountant is required to check whether there is a matching purchase order, and whether the ordered goods are received
- The assistant accountant is required to submit the purchase order, invoice, and the goods receipt record to the supervisor for approval.
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