State briefly the audit objectives that are addressed by the following audit procedure: Confirm accounts receivable and

Question:

State briefly the audit objectives that are addressed by the following audit procedure: “Confirm and notes receivable by direct communication with debtors.”

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...