An Auditor Should Perform Alternative Procedures to Substantiate the Existence

question 107

Multiple Choice

An auditor should perform alternative procedures to substantiate the existence of accounts receivable when

• A)no reply to a positive confirmation request is received.
• B)no reply to a negative confirmation request is received.
• C)collectability of the accounts receivable is in doubt.
• D)pledging of the accounts receivable is probable.

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Definitions:

Debunking

The act of exposing false or exaggerated claims, typically to reveal the truth.

Sociological Objectivity

The practice of maintaining neutrality and impartiality in the study of society to avoid biases that could affect research outcomes.

Commonsense Explanations

Justifications or reasons for phenomena based on general knowledge, beliefs, and experiences that are held by most people, often lacking in scientific or systematic analysis.

#MeToo Movement

A social movement against sexual abuse and harassment where survivors publicize their experiences.