Your analysis of ABC Company's financial statements revealed a substantial increase in the number of days' sales in accounts receivable.Based on those results,additional substantive audit evidence would most likely be directed towards which of these assertions?
A) Completeness
B) Valuation
C) Presentation
D) ownership
Correct Answer:
Verified
Q26: In choosing to use blank positive confirmations,the
Q27: The most effective audit procedure for determining
Q28: To gather evidence about transactions with related
Q29: The bank confirmation provides the most evidence
Q30: In the audit of accounts receivable,the positive
Q32: A customer replies to a positive confirmation
Q33: The control objective associated with selecting a
Q34: Scanning sales invoices to determine whether there
Q35: If it is impracticable to confirm accounts
Q36: The control objective associated with selecting a
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