The Audit Working Papers Often Include a Client-Prepared, Aged Trial

Multiple Choice

The audit working papers often include a client-prepared, aged trial balance of accounts receivable as at balance date.This ageing is best used by the auditor to:

A) test the accuracy of recorded sales.
B) assess control risk for credit sales.
C) verify the existence of the recorded receivables.
D) test the valuation and allocation assertion of accounts receivable.