Cooper, CPA Is Auditing the Financial Statements of a Small

question 70

Multiple Choice

Cooper, CPA is auditing the financial statements of a small rural municipality. The receivable balances represent residents' delinquent real estate taxes. Internal control at the municipality is weak. To determine the existence of the accounts receivable balances at the balance sheet date, Cooper would most likely

• A) Send positive confirmation requests.
• B) Send negative confirmation requests.
• C) Examine evidence of subsequent cash receipts.
• D) Inspect the internal records, such as copies of the tax invoices that were mailed to the residents.

---

Definitions:

Work Goals

Objectives or aims related to one's career or job, often focused on achieving certain milestones or accomplishments.

Big Five

A model in psychology that identifies five primary dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics that describe an individual's behavior.

Workplace

A location or setting where individuals are employed and perform tasks related to their jobs.