Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is meant by alternative procedures in the con

What is meant by alternative procedures in the confirmation of accounts receivable? As an auditor, which...

50.1K

Verified Solution

Question

Accounting

What is meant by alternative procedures in the confirmation ofaccounts receivable? As an auditor, which alternative procedureswould you use? Explain and provide an example from both service andmanufacturing companies.

Answer & Explanation Solved by verified expert
3.6 Ratings (537 Votes)
Elective strategies in the affirmation of accounts receivable can be defined as those steps taken by the auditor when he isnt fulfilled about the result of the strategies connected by him beforehand    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

What is meant by alternative procedures in the confirmation ofaccounts receivable? As an auditor, which alternative procedureswould you use? Explain and provide an example from both service andmanufacturing companies.

Other questions asked by students

Q

Given 855cm^3 of a 0.00330M silver nitrate is mixed with 424cm^3 of a .0110M potassium chromate...

Chemistry
Q

0 A stationary source emits sound waves of frequency 500 Hz Two observers moving along...

Physics
Q

A bus travels two different routes the Green Route and the Blue Route The routes...

Geometry
Q

4 Write an equation that has x intercepts 4 N 2 5

Algebra
Q

2. Identify at least 3-4 considerations that would favor a business operating and/or being taxed...

Accounting
Q

The following Informatlon is departmental cost allocation with two service departments and two production departments...

Accounting
Q

PLEASE ANSWER WITHIN NEXT 1-2 HOURS Inventory Costing Methods-Perpetual Method Chen Sales Corporation uses...

Accounting
Q

Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to...

Accounting
Q

Estimating Cost of Equity Capital and Weighted Average Cost of Capital The...

Accounting
Q

The Regal Cycle Company manufactures three types of bicyclesa dirt bike, a mountain bike, and...

Accounting
Q

The units of an item available for sale during the year were as follows January...

Accounting
Q

Calculate the lump sum you need to have accumulated at age 65 to be able...

Accounting