Multiple Choice
If the auditor decides not to confirm accounts receivable that are material, the auditor should
A) always use alternative procedures to audit the accounts receivable.
B) include copies of customer statements in the audit files.
C) document the reasons for such a decision in the audit files.
D) include copies of customer sales invoices in the audit files.
Correct Answer:

Verified
Correct Answer:
Verified
Q43: The most effective audit evidence gathered for
Q44: When an auditor uses negative confirmations, several
Q45: If auditors consider confirmations of accounts receivable
Q46: Communication addressed to the debtor requesting him
Q47: A procedure to test for a cash
Q49: Confirmation of accounts receivable provides evidence related
Q50: Which of the following types of receivables
Q51: Auditors perform both planning and substantive analytical
Q52: When a customer disagrees with the amount
Q53: U.S. auditing standards indicate that auditors should