Describe how the auditor verified the accuracy of the aged trial balance.

10-5 bad debts. 5, 10-6 10-3 When an entity does not adequately segregate dull this type of stolen before it is recorded is increased. If the auditor suspects that defalcation is possible, what type of audit procedures can he or she use to he possibility? ect t he trans. that industry. The auditor needs to understand how selected inherent risk factors atf actions processed by the revenue process. Discuss the potential effect related factors and misstatements detected in prior periods have on t assessment for the revenue process. 107 10-4 n understanding the accounting system in the revenue process, the performs a walkthrough to gain knowledge of the system. What kn the auditor try to obtain about the accounting system? What are the two major controls 0-8 10-5 I owled gs -9 for sales returns and allowances transaction 10-6 10-7 List four analytical procedures that can be used to test revenue-related accounts 11 What potential misstatements are indicated by each of these analytical procedurest 2 10-8 Describe how the auditor verifies the accuracy of the aged trial balance. 3 10-9 List and discuss the three factors mentioned in the chapter that may affect the n ability of confirmations of accounts receivable