30 Which of the following is not a principal objective in auditing accounts receivable?   Group of answer choices To determine whether the accounts are collected by the balance sheet date. To determine whether receivables are carried at their net realizable value. To determine whether receivables are properly classified, described, and disclosed in the financial statements, including notes, in conformity with Philippine Financial Reporting Standards. To determine whether the entity has real claims in all receivables on the balance sheet.

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Q: ose you de

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Audit Procedures

Audit Procedures are methods and techniques performed by the auditor to determine the quality of financial information of clients, thereby expressing an opinion on true & fair view of financial statements and entity position. They are identified and applied at the planning stage of audit after determining audit objectives, scope, approach, and risk assessment.