An Auditor Should Perform Alternative Procedures to Substantiate the Existence

question 19

Multiple Choice

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

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

---

Definitions:

Performance Appraisal

A formal evaluation process in which an employee's job performance is assessed, typically by their supervisor, against a set of established criteria.

Employee Orientation

A process for introducing new employees to their job roles, their coworkers, and the culture and policies of the workplace.

Training And Development

A process aimed at improving employees' skills and knowledge for better performance in their current or future job roles.

Retirement

The phase of life where an individual stops working full-time, typically associated with reaching a certain age or financial security.