ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 97

1. Testing the information on the aged trial balance for detail tie-in
is a necessary audit procedure, which would normally include:
2. Which of the following is the principle "weakness" of using
negative confirmations for your tests of details of balances for
accounts receivable?
3. Most tests of accounts receivable are based on what schedule,
file, or listing?
4. When do most companies record sales returns and allowances?
5. Audit procedures designed to uncover credit sales made after the
client's fiscal year end that relate to the current year being audited
provide evidence for which of the following audit objective?
6. Tests of which balance-related audit objective are normally
performed first in an audit of the sales and collection?
7. The correct accounting for accounts receivable accounts with
credit balances, provided they are significant, would be: