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Commerce · Q309

Auditing

Graduate and Post Graduate · Commerce · question 309

Q309

Which of the following would give the assurance that debtors mentioned on the date of balance sheet actually exist?

A.
Sending debtor's confirmation letters
B.
Reviewing subsequent collection
C.
Verify debtors against sales document
D.
Both A and B
Answer

Answer: Option D

Solution

Answer: Option D
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