As part of the audit testing,the auditor is conducting substantive analytical review over time (trend analysis)of bad debts to evaluate the quality of the accounts receivable.Which audit assertion is this associated with?
A)valuation
B)classification
C)rights and obligations
D)occurrence

Question

Quizplus · Accepted Answer

Substantive analytical review over time (trend analysis) of bad debts is associated with the valuation assertion. This assertion tests whether the accounts receivables are appropriately recorded at their net realizable value.

As Part of the Audit Testing,the Auditor Is Conducting Substantive