What can the auditor do during the physical inventory to enhance the likelihood of an accurate cutoff?

1. Explain the relationship between tests of the acquisition and payment cycle and tests of accounts payable. Give specific examples of how these two types of tests affect each other.
2. In testing the cutoff of accounts payable at the balance sheet date, explain why it is
important that auditors coordinate their tests with the physical observation of inventory.
What can the auditor do during the physical inventory to enhance the likelihood of an
accurate cutoff?

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