As Part of Its Loan Agreement,Big Bank Requires That Only

Multiple Choice

As part of its loan agreement,Big Bank requires that only accounts receivable less than 60 days old be used as collateral.An auditor has been engaged to provide assurance that the accounts receivable on the list provided to the bank are indeed less than 60 days old.What type of engagement is the auditor conducting?

A) financial statement
B) compliance
C) operational
D) review