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Explain some of the inherent risks associated

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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: EM132678745

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