Define what is meant by alternative procedures in the confirmation of accounts receivable and explain their purpose. Which alternative procedures are the most reliable? Why? Define what is meant by alternative procedures in the confirmation of accounts receivable and explain their purpose. A. Alternative procedures are procedures performed on a positive confirmation not returned by the debtor using documentation evidence to determine whether the recorded receivable exists, is collectible, and is accurate. The objective of the alternative procedures is to determine, by a means other than confirmation, whether the unconfirmed account existed and was properly stated at the confirmation date. B. Alternative procedures must be performed on any account that is over 10% of the total accounts receivable amount. The procedures are there for the auditors to have a better accuracy of the accounts in question and ensure no material misstatements exist. C. Alternative procedures are performed by the auditor instead of sending out actual confirmation letters to confirm accounts receivable accounts. These procedures are used when the auditor does not have a long time to complete the audit and they are uncertain they will have adequate time to wait for confirmation letter responses. The objective of the alternative procedures is to determine whether the unconfirmed account existed and was properly stated at the confirmation date. D. Alternative procedures are procedures performed on a negative confirmation to obtain documentation evidence to determine whether the recorded receivable exists, is collectible, and is accurate. The objective of the alternative procedures is to determine, by a means other than confirmation, whether the unconfirmed account existed and was properly stated at the close of the audit. Which alternative procedures are the most reliable? Why? (Select all that apply.) A. Reviewing correspondence with the client can be useful to disclose disputed and questionable receivables not uncovered by other means. B. Examine vendor master file to detect any unusual vendors. C. Reviewing duplicate sales invoices is useful to verify the actual issuance of a sales invoice and the actual date of the billing. D. Reviewing subsequent cash receipts, including examining the remittance advice or entries in the cash receipts records. This is a useful procedure because it is reasonable to assume that a customer would not make a payment unless it was a valid receivable. E. Auditors should ask management and other personnel to explain their duties. Careful questioning of appropriate personnel helps auditors evaluate whether employees understand their duties and do what is described in the client's control documentation. F. Performing a walkthrough to trace multiple transactions from initiation through the entire accounting process. At each stage of processing, the auditor makes inquiries, observes activities, and examines completed documents and records. G. Procedures to account for all unconfirmed balances, even if the amounts are small, as a means of properly generalizing from the sample to the population.