What Evidence Is Utilized by the Auditor for Analytical Purposes

question 40

Multiple Choice

What evidence is utilized by the auditor for analytical purposes in substantiating the completeness of the allowance for bad debt estimate?

• A)Accounts receivable aging schedule.
• B)Copies of checks received from customers.
• C)Confirmations returned without exception.
• D)Stock prices of customer companies.

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Definitions:

Spreadsheet Software

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Affirmative Action Program

Initiatives designed to increase opportunities for underrepresented groups in areas such as employment and education, typically to address historical injustices.

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A renowned academic and author, known for his work on business and management structures, strategies, and organizational theory.