The percentage of sales method, rather than the percentage of receivables method, would be used...

IIA IIA-CIA-Part3-3P Question Answer

The percentage of sales method, rather than the percentage of receivables method, would be used to estimate uncollectible accounts if an organization seeks to:

Use an aging schedule to more closely estimate uncollectible accounts.

Eliminate the need for an allowance for doubtful accounts.

Emphasize the accuracy of the net realizable value of the receivables on the balance sheet.

Use a method that approximates the matching principle.

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Which of the following would provide the most relevant assurance that the application under development...

Which of the following is not a method for implementing a new application system?

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The percentage of sales method, rather than the percentage of receivables method, would be used...

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