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gisellerol gisellerol
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5 months ago
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.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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KFordKFord
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All of these are internal controls the auditor should evaluate.
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gisellerol Author
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5 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Jadakiss
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This calls for a celebration Person Raising Both Hands in Celebration
kaytee23
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2 hours ago
this is exactly what I needed
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