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Exam IIA-CIA-Part2 All Questions

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Exam IIA-CIA-Part2 topic 5 question 267 discussion

Actual exam question from IIA's IIA-CIA-Part2
Question #: 267
Topic #: 5
[All IIA-CIA-Part2 Questions]

During an assurance engagement, an internal auditor must select a basis for estimating the amount of expected uncollectable accounts receivable in order to test the reported net accounts receivable figure in the financial statements for reasonableness. Which of the following methods would be the most appropriate for this assessment?

  • A. Direct write-off
  • B. Percentage of sales
  • C. Historical estimate.
  • D. Percentage of receivables.
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Suggested Answer: B 🗳️
by emtofid at Sept. 13, 2024, 1:51 p.m.

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emtofid
1 month, 1 week ago
Selected Answer: D
i think it might be D
upvoted 1 times
Elvoo
4 days, 8 hours ago
Why D over B?
upvoted 1 times
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