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    Auditing Assurance Services Study Set 1
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    Exam 13: Completing Tests in the Sales and Collection Cycle: Accounts Receivable
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    The Most Important Test for the Existence/occurrence Objective for Accounts
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The Most Important Test for the Existence/occurrence Objective for Accounts

Question 59

Question 59

Multiple Choice

The most important test for the existence/occurrence objective for accounts receivable is:


A) existence of the balances confirmed.
B) collectibility of the balances confirmed.
C) ownership of the balances confirmed.
D) internal control over balances confirmed.

Correct Answer:

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