Which of the following is not a primary objective of the auditors in the examination of accounts receivable? A)Determine the approximate realizable value. B)Consider the adequacy of internal control. C)Establish the existence of receivables. D)Determine the expected day of collection of each of the receivables.

Question

Quizplus · Accepted Answer

While auditors may evaluate the expected day of collection in the course of examining accounts receivable, this is not a primary objective. The primary objectives are to establish the existence of receivables, determine their approximate realizable value, and assess the adequacy of internal control.

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