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Tests of controls for the acquisition and payment cycle are usually done by: Inquires and documentation of management s representations Recalculating sales tax amounts Sending
- Tests of controls for the acquisition and payment cycle are usually done by:
Inquires and documentation of management s representations | ||
Recalculating sales tax amounts | ||
Sending out confirmations for amounts under $10,000 | ||
Testing the classification of accounts payable items |
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