An auditor should perform alternative procedures to substantiate the existence of an accounts receivable when:
A) no reply to a negative confirmation request is received.
B) no reply to a positive confirmation request is received.
C) pledging of the receivable is probable.
D) collectability of the receivable is in doubt.

Question

Quizplus · Accepted Answer

When no reply to a positive confirmation request is received, the auditor should perform alternative procedures to verify the existence of the accounts receivable.

An Auditor Should Perform Alternative Procedures to Substantiate the Existence