• What Is the Management Assertion That an Auditor Is Testing If He or She:
  • Tests That Accounts Receivable Are Not Overstated by The Inclusion of Fictitious Customer Accounts or Amounts
  • Tests the Adequacy of The Allowance for Uncollectible Accounts
  • Compared the Prices and Terms on A Sample of Sales Invoices with An Authorized Price List and Terms of Sales
  • Traced A Sample of Shipping Documents to The Details of The Sales Invoices and To the Sales Journal and To the Customers Accounts Receivable Subsidiary Ledger.
  • Tested A Sample of Shipping Documents Just Prior To The End of The Year. Then the Auditor Tested A Sample of Shipping Documents Just After the End of The Year.
  • Tracing Copies of Sales Invoices to Shipping Documents
  • The Auditor Recomputed Financial Information on A Sample of Sales Invoices.
  • Tests Designed to Detect Credit Sales Made After the End of The Year That Have Been Recorded in The Current Year
  • Reviewing Credit Ratings of Customers with Delinquent Accounts Receivable

(The assertions can be; Occurrence, Completeness, Authorization, Accuracy, Cutoff, Classification, & Presentation.)