A Surprise Confirmation of Accounts Receivable at an Interim Date

question 60

Multiple Choice

A surprise confirmation of accounts receivable at an interim date is useful when the auditor suspects:

• A) kiting.
• B) window dressing.
• C) lapping.
• D) an attempt to conceal a cash shortage.
• E) an attempt to overstate cash.

---

Definitions:

Formal Training

Structured educational programs designed to enhance the knowledge or skills of employees.

Cultural Value Statements

Declarations that communicate the core principles and ethical standards that guide the behavior, decisions, and actions of an organization or community.

Diversity

The inclusion of individuals representing more than one national origin, color, religion, socioeconomic stratum, sexual orientation, etc., in a group or organization.

Creativity

The ability to produce original and valuable ideas.