Explain some of the inherent risks associated with accounts

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Problem 1: Explain some of the inherent risks associated with accounts payable (liabilities)!

Problem 2: Describe several ways that can be done in documenting the substantive tests on the account liability and equity audit!

Problem 3: Give examples of some possible schemes of material misstatement that can occur in connection with the long-lived asset account!

Problem 4: Describe the activities carried out by the auditor in the initial procedure stage related to long-lived assets

Reference no: EM132720284

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Explain some of the inherent risks associated with accounts : Explain some of the inherent risks associated with accounts payable. Describe the activities carried out by the auditor in the initial procedure

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