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Identify and describe three key issurelevant to the audit of purchases, payabland payroll.
Variety
The presence of multiple different elements or options within a certain context, providing a range of choices.
Reactive Controls
Management techniques that respond to problems or situations as they arise rather than anticipating them and acting in advance.
Post-action
Refers to the period or activities that happen after a specific action or event has taken place, often involving review or evaluation.
Feedback Controls
Mechanisms used in a system to adjust its performance based on differences between actual outcomes and desired outcomes.
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