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IIA

IIA-CFSA · Question #126

When looking at account receivables auditors should ensure:

The correct answer is A. Receipts are processed and recorded timely. See the full explanation below for the reasoning.

Question

When looking at account receivables auditors should ensure:

Options

  • AReceipts are processed and recorded timely
  • BCollections are handled by an outside party
  • DCollections are handled by a brokerage house

How the community answered

(22 responses)
  • A
    73% (16)
  • B
    9% (2)
  • D
    18% (4)

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