When Scheduling the Audit Work to Be Performed on an Engagement,the

question 40

Multiple Choice

When scheduling the audit work to be performed on an engagement,the auditors should consider confirming accounts receivable balances at an interim date if:

• A)Subsequent collections are to be reviewed.
• B)Internal control over receivables is good.
• C)Negative confirmation requests are to be used.
• D)There is a simultaneous examination of cash and accounts receivable.

---

Definitions:

Unconscious Mind

Part of the mind that is not currently in focal awareness but influences thoughts, feelings, and behaviors.

Behavioral Consistency

The tendency for people to exhibit the same behaviors across different situations and over time.

Aggregate

A total or sum made from individual parts.

Blank Slate

The idea that individuals are born without built-in mental content and that all knowledge comes from experience or perception.