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The Auditor Has Completed Analyzing the Results of Tests of Details

Question 42

Multiple Choice
The auditor has completed analyzing the results of tests of details of the accounts receivable ending balance.Errors totaling $25 000 were found.These exceptions are
A)indications that the credit limit is being incorrectly applied.
B)probably cutoff errors that can be explained.
C)an indication of potential errors in the ending balance.
D)financial statement misstatements.

The auditor has completed analyzing the results of tests of details of the accounts receivable ending balance.Errors totaling $25 000 were found.These exceptions are


A) indications that the credit limit is being incorrectly applied.
B) probably cutoff errors that can be explained.
C) an indication of potential errors in the ending balance.
D) financial statement misstatements.

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