Tests of details of balances are directed to:
A) income statement accounts for all cycles.
B) balance sheet accounts for all cycles.
C) all general ledger accounts for all cycles.
D) balance sheet accounts for some cycles and income statement accounts for other cycles.

Question

Quizplus · Accepted Answer

Tests of details of balances are primarily focused on balance sheet accounts to verify the existence, completeness, and valuation of assets and liabilities.

Tests of Details of Balances Are Directed To