What is meant by an audit program for accounts receivable


Response to the following questions:

1. Explain why the auditor can be persuaded only with a reasonable level of assurance, rather than convinced, that the financial statements are correct How are these two factors related to audit procedures, sample size, items to select, and timing?

2. Describe what is meant by an audit program for accounts receivable. What four things should be included in an audit program?

If possible, please give examples to better understand your answers.

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