Question: Indicate the primary audit objective for the following audit procedure: Develop an expectation of the allowance for doubtful accounts based on aging percentages, historical loss

Indicate the primary audit objective for the following audit procedure: Develop an expectation of the allowance for doubtful accounts based on aging percentages, historical loss rates, and industry data. Occurrence Completeness - transactions Accuracy - transactions Classification - transactions Timing Posting and summarization O Existence Completeness . balances Accuracy - balances Classification - balances O Cutoff Detail tie-in Realizable value Rights and obligations

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