Because of its central role in auditing of accounts receivable, which of the following would normally be one of the first items tested?
A)Accounts receivable master file
B)Customer file
C)Aged trial balance
D)Sales register

Question

Quizplus · Accepted Answer

The aged trial balance is one of the first items tested in the auditing of accounts receivable because it provides a summary of all outstanding receivables and their respective aging, which helps the auditor assess the completeness and accuracy of the accounts receivable balance. The other options, such as the accounts receivable master file, customer file, and sales register, may also be tested, but they are typically secondary to the aged trial balance.

Because of Its Central Role in Auditing of Accounts Receivable