For maximum reliability, accounts receivable confirmations should be sent as close to balance date as possible.

Question

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Confirmations should be sent as close to balance date as possible to ensure that the information received is accurate and reliable. If too much time elapses between the balance date and the confirmation request, there is a greater risk that the customer's financial position may have changed, resulting in inaccurate or incomplete information. Therefore, sending confirmations as close to balance date as possible enhances the reliability of the confirmation process.

For Maximum Reliability, Accounts Receivable Confirmations Should Be Sent as Close