An example of alternative procedures for the confirmation of accounts receivable includes which of the following?
A)inquiry of management.
B)tracing source documents to recorded amounts.
C)review of subsequent collections on account by the client.
D)providing an estimate of the allowance for doubtful accounts to be recorded by the client.

Question

Quizplus · Accepted Answer

Review of subsequent collections on account by the client is an alternative procedure to confirm the existence and accuracy of accounts receivable when direct confirmation is not possible.

An Example of Alternative Procedures for the Confirmation of Accounts