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The auditor has elected to conduct the following audit tests: reperform addition of the aged accounts receivable trial balance for the total column and for the columns depicting the aging.Which audit objective is associated with these audit tests?
Borrowing Cost
A financial expense encompassing interest and other costs incurred by an entity in connection with the borrowing of funds.
Entity's Profits
The financial gain that remains after subtracting all expenses, taxes, and costs from a company's revenue.
Residual Interest
The interest remaining in a trust or estate once all prior obligations, claims, or interests have been satisfied.
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