Confirmations of individual account receivable balances direct with debtors will normally provide evidence regarding:     Collectability     Ownership of balances confirmed     Existence of balances confirmed     Internal control over balances confirmed

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 5

Confirmations of individual account receivable balances direct with debtors will normally provide evidence regarding:

   

Collectability

   

Ownership of balances confirmed

   

Existence of balances confirmed

   

Internal control over balances confirmed

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