Multiple Choice
Which of the following is not a valid reason for an auditor deciding not to send accounts receivable confirmations?
A) The balance is immaterial.
B) Confirmations would be ineffective.
C) The client requests alternative procedures be performed instead.
D) Other procedures provide sufficient competent evidence.
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Cash receipts from sales on account have
Q10: To determine whether sales transactions have been
Q11: The control activity "credit sales approved by
Q12: In determining the adequacy of the allowance
Q13: Tracing shipping documents to prenumbered sales invoices
Q16: Audit documentation often includes a client-prepared, aged
Q17: Dual direction testing involves samples of transactions
Q18: Two widely used confirmation forms to test
Q19: Which of the following might be detected
Q87: In which of the following circumstances would