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    Auditing - internal controls

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    What types of errors or fraud that could result when vendors' statements are not reconciled to the accounting records and purchasing managers who also purchasing goods manager to approval vendors?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:03 pm ad1c9bdddf
    https://brainmass.com/business/financial-statements/auditing-internal-controls-25797

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    Hi there,

    The problem here is that the purchasing manager could purchase items that are not approved by management. The purchasing manager could ...

    Solution Summary

    The expert examines internal control in auditing.

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