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The Positive (As Opposed to the Negative) Form of Receivables

Question 73

Multiple Choice

The positive (as opposed to the negative) form of receivables confirmation may be preferred when:


A) internal control surrounding accounts receivable is considered to be effective.
B) there is reason to believe that a substantial number of accounts may be in dispute.
C) a large number of small balances are involved.
D) there is reason to believe a significant portion of the requests will be made.

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