Solved

When It Is Impossible to Confirm Accounts Receivable,the Auditors May

Question 44

True/False

When it is impossible to confirm accounts receivable,the auditors may be able to satisfy themselves as to the existence of accounts receivable by alternative procedures.

Correct Answer:

verifed

Verified

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

Related Questions

Q39: Analytical procedures performed during an audit indicate

Q40: When scheduling the audit work to be

Q41: Fraudulent sales are occasionally recorded at year-end

Q42: Your client performed the physical count of

Q43: After the CPAs have selected particular accounts

Q45: Material accounts receivable from related parties should

Q46: Confirmation of accounts receivable by direct communication

Q47: It is sometimes impossible for the auditors

Q48: The individual looking for guidance on revenue

Q49: Cutoff tests designed to detect credit sales