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Author Question: One of the shortcomings in evaluating the allowance for uncollectible accounts by reviewing ... (Read 49 times)

Labomba

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on: Aug 21, 2022

Question 1

Most tests of accounts receivable are based on what schedule, file, or listing?
◦ sales master file
◦ aged accounts receivable trial balance
◦ accounts receivable master file
◦ accounts receivable general ledger account

Question 2

One of the shortcomings in evaluating the allowance for uncollectible accounts by reviewing individual noncurrent balances on the aged trial balance is
I.it is difficult to compare the results of the current year with those of the previous year.
II.current accounts are ignored in establishing the adequacy of the allowance.

◦ I only
◦ II only
◦ both I and II
◦ neither I nor II
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Labomba on Aug 21, 2022

Jim457

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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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Labomba

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

elyse44

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Reply 3 on: Yesterday
Wow, this really help

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