Question: When scheduling the audit work to be performed on an engagement, the auditors should consider confirming accounts receivable balances at an interim date if: There
When scheduling the audit work to be performed on an engagement, the auditors should consider confirming accounts receivable
balances at an interim date if:
There is a simultaneous examination of cash and accounts receivable.
Internal control over receivables is good.
Subsequent collections are to be reviewed.
Negative confirmation requests are to be used.
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