Accounting Multiple Choice Question – 14 August 2026

Which ONE of the following procedures are MOST appropriate to confirm the valuation of trade receivables?

Select ONE answer:

1. Review of the receivables ledger
2. Review of sales invoices
3. Direct confirmations with suppliers
4. Review of cash paid by customers after the year-end date

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct – Direct confirmations with customers and review of cash paid after date are most appropriate as these provide independent confirmation of the year-end trade receivables balance, whereas the receivables ledger and sales invoices are part of the client’s own records.

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