The auditor obtained an aged list of receivables and traced the accounts to the master file, footed the schedule, and traced the amounts to the general ledger. Which balance-related audit objective was met?
A) existence
B) cutoff
C) detail tie-in
D) all of the above

Question

Quizplus · Accepted Answer

The auditor's actions of tracing accounts to the master file, footing the schedule, and tracing amounts to the general ledger directly support the detail tie-in objective, ensuring that details of accounts receivable accurately tie into the general ledger.

The Auditor Obtained an Aged List of Receivables and Traced