An Aged Trial Balance of Accounts Receivable Is Normally Used

question 21

Multiple Choice

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

• A) Verify the existence of recorded receivables.
• B) Ensure that all accounts are promptly credited.
• C) Evaluate the results of tests of controls.
• D) Evaluate the provision for bad debts.

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Definitions:

Electronic Discovery

The process of identifying, collecting, and producing electronically stored information (ESI) in response to a request for production in a lawsuit or investigation.

Residual Data

Remaining information or data fragments left on storage devices after attempts have been made to delete or remove the original data.

Image Copy

A digital or photographic copy of a document, object, or scene used for legal or official purposes.

Electronic Evidence

Information or data stored in digital form, which can be used as evidence in legal proceedings.