Multiple Choice
A listing of the balances in the accounts receivable master file at the balance sheet date, including individual customer balances outstanding and a breakdown of each balance by the time passed between the date of the sale and the balance sheet date, is the
A) customer list.
B) aged trial balance.
C) accounts receivable ledger.
D) schedule of accounts receivable.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The auditor should perform procedures to verify
Q4: Testing the information on the aged trial
Q5: Describe how the auditor tests the accuracy
Q6: When designing tests of details of balances,
Q7: The appropriate and sufficient evidence to be
Q9: Name the nine balance-related general audit objectives
Q10: An auditor selects a sample from the
Q11: A high inherent risk increases planned detection
Q12: Discuss the advantages and disadvantages of using
Q13: A confirmation is a type of audit