ACCT 444 help A Guide to career/Snaptutorial ACCT 444 help A Guide to career/Snaptutorial | Page 25

Pinnacle Manufacturing Part VII
Assume that your understanding of internal controls over acquisitions
and cash disbursements and the related tests of controls and
substantive tests of transactions support an assessment of a low
control risk. The listing of the 519 accounts making up the accounts
payable balance of $12,969,686 at December 31, 2011 is included
under the Pinnacle link on the textbook Web site.16-35 (Objectives
16-2, 16-3, 16-4)Parts III, V, and VI of this case study dealt with
obtaining an understanding of internal control and assessing control
risk for transactions affecting accounts payable of Pinnacle
Manufacturing. In Part VII, you will design analytical procedures and
design and perform tests of details of balances for accounts payable.
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ACCT 444 Week 7 Homework Problems