Confirmation of accounts receivable balances normally provides evidence concerning the
A) valuation of the balances.
B) rights of the balances.
C) existence of the balances.
D) completeness of the balances.

Question

Quizplus · Accepted Answer

Confirmation of accounts receivable balances primarily provides evidence about the existence of the balances, verifying that the balances actually exist at a given point in time.

Confirmation of Accounts Receivable Balances Normally Provides Evidence Concerning the