What is the process of confirming accounts receivable balances. Why is it important for auditors to understand revenue recognition rules?

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 2RQSC
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What is the process of confirming accounts receivable balances. Why is it important for auditors to understand revenue recognition rules? 

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