Which of the Following Is Not a Primary Objective of the Auditors

question 33

Multiple Choice

Which of the following is not a primary objective of the auditors in the examination of accounts receivable?

• A)Determine the approximate realizable value.
• B)Consider the adequacy of internal control.
• C)Establish the existence of receivables.
• D)Determine the expected day of collection of each of the receivables.

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Definitions:

Field

A specific area of study or a topic of interest within a broader subject.

Worksheet

A single page within a spreadsheet application, used for organizing, calculating, and analyzing data.

Encrypt

The process of converting data into a coded format to prevent unauthorized access, ensuring data security.

Customer's Credit Card Number

A unique sequence of numbers assigned to a credit card belonging to a buyer, used for identifying the account in financial transactions.