Which of the following should be considered an audit procedure for obtaining evidence? a. An audit sampling

Question:

Which of the following should be considered an audit procedure for obtaining evidence?

a. An audit sampling application in accounts receivable selection

b. Existence and proper valuation of the accounts receivable

c. Sending a written confirmation on a customer’s account balance

d. Non-statistical consideration of the amount of difference reported by a customer on a confirmation response

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...

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