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Determine the valuation of year-end accounts payable

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Reference no: EM132471647

Question 1: In an audit, the valuation of year-end accounts payable is most likely addressed by:

Multiple Choice

Option 1: Confirmation.

Option 2: Examination of cash disbursements immediately prior to year-end.

Option 3: Examination of cash disbursements immediately subsequent to year-end.

Option 4: Analytical procedures applied to vouchers payable at year-end.

Reference no: EM132471647

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