Multiple Choice
An auditor should perform alternative procedures to substantiate the existence of accounts receivable when
A) no reply to a positive confirmation request is received.
B) no reply to a negative confirmation request is received.
C) collectability of the accounts receivable is in doubt.
D) pledging of the accounts receivable is probable.
Correct Answer:

Verified
Correct Answer:
Verified
Q102: The auditor would like to conduct dual
Q103: There are three main types of revenue
Q104: One of the reasons that the auditor
Q105: Outline the audit procedures the auditor may
Q106: What are the six classes of transactions
Q108: What are the common indicators that the
Q109: To determine whether sales transactions have been
Q110: You are the auditor of Foundry Inc.
Q111: Negative confirmations of accounts receivable are less
Q112: The control objective associated with selecting a