In the Sales and Collection Cycle, the Results of the Tests

Multiple Choice

In the sales and collection cycle, the results of the tests of controls determine:

A) whether positive or negative confirmations should be used for this engagement.
B) whether assessed control risk for sales and cash receipts needs to be revised.
C) if tests of details of balances need to be performed.
D) the extent to which planned detection risk is satisfied or each accounts receivable objective.