How errors or fraud can be identify


Response to the following questions:

1. List two substantive analytical procedures that can test accounts payable. What potential errors or fraud can be identified by each analytical procedure?

2. List the procedures an auditor might use to search for unrecorded liabilities.

3. Identify four possible disclosure issues related to the purchasing process and related accounts.

If possible, please give examples to better understand your answers.

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Auditing: How errors or fraud can be identify
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