Which of the Following Types of Receivables Would Not Deserve

question 51

Multiple Choice

Which of the following types of receivables would not deserve the special attention of the auditor?

• A)Accounts receivables with credit balances
• B)Accounts that have been outstanding for a long time
• C)Receivables from related parties
• D)Each of the above would receive special attention.

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Definitions:

Regular Basis

Refers to a consistent or scheduled pattern of occurrence or action, happening with predictable frequency.

Jewish

Relating to, associated with, or denoting Jews, a monotheistic, ethnoreligious group originating from the Israelites or Hebrews of ancient Middle East.

Introversion

A personality trait characterized by a preference for solitary activities and inner thoughts over external stimulation and social interaction.

Extraversion

A personality trait characterized by outgoingness, high energy, and enjoyment in social situations.