Accounts receivable confirmations usually provide strong evidence about which of the following?
A)the existence of receivables.
B)the completeness of receivables.
C)the presentation and disclosure of receivables.
D)the obligations of receivables.

Question

Quizplus · Accepted Answer

Accounts receivable confirmations are primarily used to verify the existence of receivables by confirming with the debtor that the amount owed is accurate and exists as recorded.

Accounts Receivable Confirmations Usually Provide Strong Evidence About Which of the Following