Alternative Procedures That Would Provide Evidence of the Existence of Receivables

question 25

Multiple Choice

Alternative procedures that would provide evidence of the existence of receivables would include which of the following?

• A)physical observation of customer facilities.
• B)review of subsequent collections.
• C)analysis of the aged trial balance.
• D)a confirmation to the client management for customer accounts.

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Definitions:

Patient-visits

A measure used in healthcare settings, representing the number of encounters between patients and healthcare providers.

Spending Variances

The difference between the actual spending and budgeted amounts for a period.

Revenue

Earnings from standard commercial activities, accounting for allowances and deductions for returned items.

Patient-visits

A metric in healthcare indicating the number of times patients visit or are seen by healthcare providers.