Which of the Following Responses to an Accounts Receivable Confirmation

question 87

Multiple Choice

Which of the following responses to an accounts receivable confirmation at December 31 would cause an audit team the most concern?

• A)"This amount was paid on December 30^th."
• B)"We received this shipment on January 2^nd."
• C)"These goods were returned for credit on November 15^th."
• D)"The balance does not reflect our sales discount for paying by January 5^th."

---

Definitions:

Generativity

The concern for establishing and guiding the next generation, often expressed through parenting, caregiving, and mentorship.

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Identity Formation

The process of developing a distinct personality and sense of self, influenced by various social and internal factors throughout one's life.

Early Maturation

The process of reaching physical and sexual development earlier than the typical age range in children and adolescents.