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To Determine If the Client Has Rights to the Accounts

question 120

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To determine if the client has rights to the accounts receivable on the trial balance, the auditor should inquire of management if any receivables are pledged or factored.


Definitions:

Dominance Effects

Phenomena where the phenotype of the heterozygote is closer to that of one of the homozygotes due to the dominant influence of one allele over another.

Epistatic Effects

Interactions between different gene loci where the effect of one gene is modified by the presence or absence of one or more 'modifier genes'.

Quantitative Trait

A measurable phenotype that depends on the cumulative actions of many genes and possibly environmental factors.

Fitness Function

A concept used in genetics and evolutionary biology to measure an organism's ability to survive and reproduce.

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