Which of the following is an accurate statement regarding accounts payable confirmations?A.Accounts payable confirmations may...
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Accounting
Which of the following is an accurate statement regarding accounts payable confirmations?AAccounts payable confirmations may be used by the auditor if monthly vendor statements are not available from the client. B The auditor would typically select vendors with large balances when sending out accounts payable confirmations. C Accounts payable confirmations are considered a primary test when auditing a client's accounts payable. D Both positive and negative accounts payable confirmations may be used by theauditor.
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