Solution-Find assertions in relation to the purchases

Find assertions in relation to the purchases account

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Reference no: EM132731570

Problem 1: The payables manager is required to inspect the purchase order and goods received notes in respect of each invoice received from suppliers prior to authorising payment via electronic fund transfer. Which of the following assertions in relation to the Purchases account does this procedure MOST directly address?

Select one:

a. Cut-off
b. Rights and Obligations.
c. Accuracy.
d. Occurrence.

Reference no: EM132731570

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Find assertions in relation to the purchases account

Reference no: EM132731570

Reference no: EM132731570

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