The auditor has elected to conduct the following audit tests: reperform addition of the aged accounts receivable trial balance for the total column and for the columns depicting the aging.Which audit objective is associated with these audit tests?
A)valuation
B)classification
C)accuracy
D)occurrence

Question

Quizplus · Accepted Answer

The audit tests of reperforming the addition of the aged accounts receivable trial balance for the total column and the columns depicting the aging are associated with the audit objective of accuracy. By reperforming these calculations, the auditor is verifying the accuracy of the accounts receivable balances as reported in the financial statements.

The Auditor Has Elected to Conduct the Following Audit Tests