Solved

The Account Balance Audit Objective, "Accounts Receivable Presents Gross Claims

Question 1

Multiple Choice

The account balance audit objective, "Accounts receivable presents gross claims on customers at balance date and agree with the sum of the accounts receivable subsidiary ledger", is derived from the assertion category of


A) existence or occurrence.
B) completeness.
C) rights and obligations.
D) accuracy, valuation, and allocation.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents