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Q)which of the following procedures would be appropriate to test the existence assertion during an audit of account receivables ? a-Trace transactions from the subsidiary
Q)which of the following procedures would be appropriate to test the existence assertion during an audit of account receivables ?
a-Trace transactions from the subsidiary ledger to the general ledger
b-Send confirmations to customers
c-Trace a sample of invoices to recording in the general ledger
d-Determine that all shipments before year end are recorded as sales
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