If the auditor is auditing an accounts receivable file, the auditor will want to make sure the receivable file matched the_______.
A)general ledger as of the date of the test.
B)trial balance as of the date of the test.
C)investing section of the statement of cash flows as of the date of the test.
D)general ledger as of any date before the test.

Question

Quizplus · Accepted Answer

The accounts receivable file should match the general ledger since it represents a summary of all accounts receivable transactions. The trial balance may also include accounts receivable, but it does not provide the same level of detail as the general ledger. The investing section of the statement of cash flows only shows cash inflows and outflows related to investments, and is not relevant to accounts receivable. Checking the general ledger before the date of the test is not necessary as it does not provide information on the current state of the accounts receivable file.

If the Auditor Is Auditing an Accounts Receivable File, the Auditor