Match Seven of the Terms (A-K)with the Definitions Provided Below

question 56

Short Answer

Match seven of the terms (a-k)with the definitions provided below (1-7):
a.Accounts receivable balance-related audit objectives
b.Aged trial balance
c.Alternative procedures
d.Blank confirmation form
e.Cutoff misstatements
f.Evidence planning worksheet
g.Negative confirmation
h.Positive confirmation
i.Realizable value of accounts receivable
j.Timing difference in an account receivable confirmation
k.Invoice confirmation
________ 1.The follow-up of a positive confirmation not returned by the debtor with the use of documentation evidence to determine whether the recorded receivable exists and is collectible.
________ 2.A letter,addressed to the debtor,requesting that the recipient indicate directly on the letter whether the stated account balance is correct or incorrect and,if incorrect,by what amount.
________ 3.Misstatements that take place as a result of current period transactions being recorded in a subsequent period,or subsequent period transactions being recorded in the current period.
________ 4.A form used to help the auditor decide whether planned detection risk for tests of details of balances should be low,medium,or high for each balance-related audit objective.
________ 5.A letter,addressed to the debtor,requesting a response only if the recipient disagrees with the amount of the stated account balance.
________ 6.A reported difference in a confirmation from a debtor that is determined to be a timing difference between the client's and debtor's records and therefore not a misstatement.
________ 7.A listing of the balances in the accounts receivable master file at the balance sheet date broken down according to the amount of time that has passed between the date of sale and the balance sheet date.

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Definitions:

Societal Stereotyping

Oversimplified or generalized beliefs about a group of people that ignore individual differences and complexities.

LGBT People

Individuals who identify as lesbian, gay, bisexual, transgender, and others, representing a diversity of sexual orientations and gender identities.

Heterosexists

Individuals or practices that promote the belief that heterosexuality is superior or more desirable than other sexual orientations, often marginalizing LGBTQ+ individuals.

Transference

A psychoanalytical concept where a client unconsciously redirects feelings and attitudes from a past relationship onto a therapist.