If a Confirmation of an Accounts Receivable Balance Is Not

question 68

Multiple Choice

If a confirmation of an accounts receivable balance is not returned by the customer, the auditor might validate the receivable by _______.

• A)looking at evidence of subsequent cash receipt in the amount of the billing to the customer
• B)asking the client to obtain the evidence and forward it to the auditor
• C)requesting the internal audit function contact the customer
• D)confirming prior receivables by the same client

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Definitions:

Protective Goggles

Eyewear designed to safeguard the wearer's eyes from hazardous substances, impacts, or light.

Affirmative Action

Policies and measures aimed at increasing the opportunities for historically disadvantaged groups by favoring them in various aspects such as employment and education.

Quotas

Fixed, quantitative targets that must be met within a certain time frame, often used in sales, production, and immigration policies.

Sexually Explicit Language

Language or material that explicitly describes or pertains to sexual acts, organs, or preferences, typically considered inappropriate for certain contexts and audiences.