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Ominium (Pty) Ltd imports specialised golf equipment. At the financial year end, you selected a small number of foreign creditors as part of your accuracy,
Ominium (Pty) Ltd imports specialised golf equipment. At the financial year end, you selected a small number of foreign creditors as part of your accuracy, valuation and allocation testing. Describe the procedures you would carry out as the auditor to verify that the foreign creditors balances have been included at appropriate amounts?
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