Which of the following is not a primary objective of the auditor in undertaking substantive testing of accounts receivable?
A) Determine the completeness of the recorded receivables.
B) Establish existence of the receivables.
C) Determine the adequacy of the internal control.
D) Determine the approximate amount that can be expected to be received.

Question

Quizplus · Accepted Answer

The primary objectives of substantive testing of accounts receivable are to determine the completeness of recorded receivables, establish existence of the receivables, and determine the approximate amount that can be expected to be received. While assessing the adequacy of internal control is important, it is not a primary objective of substantive testing of accounts receivable.

Which of the Following Is Not a Primary Objective of the Auditor