menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services Study Set 1
  4. Exam
    Exam 13: Completing Tests in the Sales and Collection Cycle: Accounts Receivable
  5. Question
    The Primary Purpose of Accounts Receivable Confirmation Is to Satisfy
Solved

The Primary Purpose of Accounts Receivable Confirmation Is to Satisfy

Question 10

Question 10

Multiple Choice

The primary purpose of accounts receivable confirmation is to satisfy the:


A) existence objective.
B) accuracy and cutoff objectives.
C) existence and cutoff objectives.
D) existence, accuracy and cutoff objectives.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Recording a cash receipt that did not

Q7: When customers do NOT respond to positive

Q9: It is appropriate to regard confirmations mailed

Q12: When positive confirmations have been used, it

Q14: This year is the first time that,

Q15: Which one of the following types of

Q34: Cutoff misstatements exist when subsequent period transactions

Q40: Explain whether it is equally as important

Q42: The type of confirmation is a major

Q86: The results of analytical procedures performed while

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines