When It Is Impossible to Confirm Accounts Receivable,the Auditors May

question 44

True/False

When it is impossible to confirm accounts receivable,the auditors may be able to satisfy themselves as to the existence of accounts receivable by alternative procedures.

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Definitions:

Existence

The state or fact of being real, present, or alive.

Strategic Plans

Those plans that establish the long-range objectives and overall strategy or course of action by which a firm fulfills its mission.