Accounting Multiple Choice Question – 15 August 2026

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

Select ONE answer:

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

1. 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.
2. Not correct
3. Not correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.