Multiple Choice
Customers having substantial year-end past due balances fail to reply after second request confirmation forms have been mailed directly to them. Which of the following is the most appropriate audit procedure?
A) Examine shipping documents.
B) Review collections during the year being examined.
C) Intensify the study of the entity's system of internal control with respect to receivables.
D) Increase the balance in the allowance for uncollectible accounts.
Correct Answer:
Verified
Correct Answer:
Verified
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