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How an audit of the balance in the accounts payable account

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Reference no: EM132471630

Question 1: An audit of the balance in the accounts payable account is ordinarily not designed to:

Multiple Choice

option 1: Detect accounts payable that are substantially past due.

option 2: Verify that accounts payable were properly authorized.

option 3: Ascertain the reasonableness of recorded liabilities.

option 4: Determine that all existing liabilities at the balance sheet date have been recorded.

Reference no: EM132471630

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