An Aged Trial Balance of Accounts Receivable Is Usually Used

question 8

Multiple Choice

An aged trial balance of accounts receivable is usually used by the auditor to:

• A)verify the existence assertion for recorded receivables.
• B)ensure that all accounts receivable are recorded (completeness assertion).
• C)evaluate the results of tests of controls for the sales/accounts receivable system.
• D)evaluate the provision for bad debts related to the valuation and allocation assertion.

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