Which of the Following Is Likely to Be Determined First

question 2

Multiple Choice

Which of the following is likely to be determined first when performing tests of details for accounts receivable?

• A) Recorded accounts receivable exist.
• B) Accounts receivable in the aged trial balance agree with related master file amounts, and the total is correctly added and agrees with the general ledger.
• C) The client has a right to the accounts receivable.
• D) Existing accounts receivable are included.

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Definitions:

Self-actualization

A concept in psychology, often associated with Maslow's hierarchy of needs, representing the realization of one's potential and the fulfillment of personal talents and capabilities.

Personal

Relating to or affecting a particular person rather than anyone else; individual or private.

Maslow Hierarchy

Maslow's Hierarchy is a psychological theory proposed by Abraham Maslow that categorizes human needs into a five-tier model, from basic physiological needs to self-actualization.