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Which of the following audit procedures can you perform using the audit firm's new generalized...

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Accounting

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Which of the following audit procedures can you perform using the audit firm's new generalized audit software package? (Several choices may be correct.); Trace the opening balances for accounts receivable and related allowance to the previous year's working papers. Vouch debits to supporting sales invoices, shipping documents, and sales orders. Agree the totals on the accounts receivable master file to the accounts receivable control account in the general ledger. Examine evidence of collectibility, such as correspondence with customers and outside collection agencies, credit reports, and customers' financial statements. Determine whether the internal control procedure in relation to credit control has been correctly followed by identifying those customers who have exceeded their credit rating limits. Determine whether the client's allowance for doubtful debts is adequate by identifying those records with long outstanding balances. Select a sample and review the proper credit approval for each transaction. eTextbook and Media Save for Later Assistance Used Attempts: 3 of 5 used Submit

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