Receivable confirmations provide very little evidence regarding the _______ assertion.
A)accuracy
B)rights and obligation
C)occurrence
D)completeness

Question

Quizplus · Accepted Answer

Receivable confirmations primarily test whether the receivables exist and if the amounts are accurate, but they do not provide strong evidence about whether all receivables that should have been recorded have been recorded, which relates to the completeness assertion.

Receivable Confirmations Provide Very Little Evidence Regarding the _______ Assertion