The primary difference between positive and negative confirmations used in the audit of accounts receivable is which of the following?
A)The mode of response.
B)The amount of information included.
C)The control of the confirmation process by the auditor.
D)The level of assurance provided.

Question

Quizplus · Accepted Answer

Positive confirmations require a response regardless of whether the recipient agrees with the information, while negative confirmations only require a response if the recipient disagrees.

The Primary Difference Between Positive and Negative Confirmations Used in the Audit