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Answer Of Giant Stores Corporation

Essay specific features

 

Issue:

Business

 

Written by:

Brittany B

 

Date added:

May 9, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 457

 

Was viewed:

7246 times

 

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Essay content:

The auditor is also concerned about overstatements of accounts payable. The existence objective is also therefore important in accounts payable, but usually less so than the completeness objective. Gather Sufficient Evidential Matter Evidential matter consists of the underlying accounting data and all corroborating information...
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These include the books of original entry such as general and subsidiary ledgers and documentary materials such as invoices, checks, confirmations and information obtained by the auditor from inquiry, observation, inspection and physical examination. The usefulness of evidential matter is often rated based on its source...
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