1) Following are three different
situations with respect to the audit of accounts receivable and
sales. For each, specify the evidence mix that you would use (tests
of control, substantive tests, type of confirmation/timing), and
explain why.
C) Big Department Store Finance Corporation has fifty staff in
the accounting department, a sophisticated software package, and
about $250 million in accounts receivable. The corporation manages
the department store's credit cards. About 100 000 credit card
customers have balances less than $300...