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Which part ofthe purchases/payable/disbursements cycle is the most likely place for fraud?Describe a fraud that can occur. Assumingthere was no collusion, whatcontrols would prevent that

Which part ofthe purchases/payable/disbursements cycle is the most likely place for fraud?Describe a fraud that can occur. Assumingthere was no collusion, whatcontrols would prevent that fraud?

Needs a detail explanation regarding to Auditing 2.

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