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Author Question: Which of the following is likely to be determined first when performing tests of details for ... (Read 76 times)

redpassion

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on: Aug 21, 2022

Question 1

Which of the following audit procedures would not likely detect a client's decision to pledge or factor accounts receivable?
◦ a review of the minutes of the board of directors' meetings
◦ discussions with the client
◦ confirmation of receivables
◦ examination of correspondence files

Question 2

Which of the following is likely to be determined first when performing tests of details for accounts receivable?
◦ Recorded accounts receivable exist.
◦ Accounts receivable in the aged trial balance agree with related master file amounts, and the total is correctly added and agrees with the general ledger.
◦ The client has a right to the accounts receivable.
◦ Existing accounts receivable are included.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by redpassion on Aug 21, 2022

jacquelyngibson

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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redpassion

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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