Write a 2 - 3 page paper that addresses the following:
The steps involved in the purchases cycle and the importance of each
The six objectives for the substantive procedures for accounts payable and purchases
The key controls that should be in place over purchases and their importance
Each section is worth 5 points and will be graded on content, analysis, spelling, syntax, and grammar.
Your paper should be in APA format and cite all references used.