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Title: Realizable value is an essential balance-related audit objective for accounts receivable because ... Post by: gisellerol on Aug 1, 2022 Realizable value is an essential balance-related audit objective for accounts receivable because collectibility of receivables is often a significant concern. Which of the following is not an internal control the auditor should evaluate to reduce the likelihood of uncollectible accounts?
▸ customer credit approval by appropriate personnel ▸ preparation of an aged trial balance reviewed and followed up by appropriate management personnel ▸ a written policy of writing off uncollectable receivables ▸ All of these are internal controls the auditor should evaluate. Title: Realizable value is an essential balance-related audit objective for accounts receivable because ... Post by: KFord on Aug 1, 2022 Content hidden
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