When scheduling the audit work, the auditor should consider confirming accounts receivable balances at an interim date

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When scheduling the audit work, the auditor should consider confirming accounts receivable balances at an interim date if

a. Internal control structure policies and procedures for the existence assertion of accounts receivable are effective.

b. Subsequent collections are to be reviewed.

c. Negative confirmations are to be used.

d. There is a simultaneous audit of cash and accounts receivable.

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Auditing Integrated Concepts And Procedures

ISBN: 9781260299397

5th Edition

Authors: Donald H. Taylor, G. William Glezen

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Question Posted: May 10, 2024 07:00 AM

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When scheduling the audit work, the auditor should consider confirming accounts receivable balances at an interim date

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