Confirmations of accounts receivable provide evidence primarily about these two assertions: a. Completeness and valuation. b. Valuation

Question:

Confirmations of accounts receivable provide evidence primarily about these two assertions:

a. Completeness and valuation.

b. Valuation and ownership.

c. Ownership and existence.

d. Existence and completeness.

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...

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