If the Auditor Decides Not to Confirm Accounts Receivable, the Auditor

question 3

Multiple Choice

If the auditor decides not to confirm accounts receivable, the auditor should:

• A)always use alternative procedures to audit the accounts receivable.
• B)include copies of customer statements in the audit files.
• C)document the reasons for such a decision in the audit files.
• D)include copies of customer sales invoices in the audit files.

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Definitions:

Peer-To-Peer

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Economic Model

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Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

User-Generated Classifications

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