L14 Notes 14 - If goods were received, the purchase should...

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© W.R. Knechel Audit of Accounts Payable C. Search for Unrecorded Liabilities review subsequent cash disbursements for understatement, search unpaid bills for overstatement trace receiving reports to vendor invoices.
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Unformatted text preview: If goods were received, the purchase should be recorded in A/P. review vendors monthly statements confirm balances of suppliers who now have zero or small balances but once were active suppliers....
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.

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