The primary assertion that is tested when using receivable confirmations is _______.
A)existence
B)occurrence
C)accuracy
D)completeness

Name: The primary assertion that is tested when using receivable confirmations is _______. A)existence B)occurrence C)accuracy D)completeness
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Question

Quizplus · Accepted Answer

Receivable confirmations are used to test the existence of receivables. This ensures that the receivables on the balance sheet actually exist and are not fictitious.

The Primary Assertion That Is Tested When Using Receivable Confirmations