Read the overview below and complete the activities that follow General audit objectives exist and help auditors design proper procedures. All audit procedures include test for each objective. CONCEPT REVIEW In testing accounts receivable, auditors will design procedures to test for each general audit objective. D procedures are designed for each general objective, and a well designed program includes tests for eac objective. art 2- Concept Check Answer is complete but not entirely correct. Management may have fraudulently overstated revenue by making Receivables that have been sold should not remain as a(n) on Overstatement may occur when sales for the next period are recorded in the To test collectibility of receivables, auditors may consider credit ratings for debtors of Testing the reco inappropriate asset current large ncorrectly the company's books. period. for accounts receivable to the general ledger ensures that the software is