Confirmation is most likely to be a relevant form of evidence with regard to assertions about accounts receivable when the auditor has concerns about the receivables'
A) Valuation.
B) Classification.
C) Existence.
D) Completeness.

Question

Quizplus · Accepted Answer

Confirmation of accounts receivable is relevant evidence regarding their existence. This helps the auditor to ensure that the accounts receivable are not fictitious and that they actually represent valid claims against debtors.

Confirmation Is Most Likely to Be a Relevant Form of Evidence