After items to be confirmed have been selected, the auditor must maintain control of the confirmations until the:
A) sealed envelopes are provided to the client's personnel to be mailed.
B) names are provided to the client's personnel to type the envelopes.
C) responses are received by the client with the return mail.
D) responses are received by the auditor from the customer.
Correct Answer:
Verified
Q45: Which one of the following circumstances would
Q46: The auditor should evaluate the qualitative nature
Q47: The use of the positive (as opposed
Q48: _ to positive confirmations do NOT provide
Q49: The following audit procedure tests primarily which
Q51: When positive confirmations have been used, it
Q52: What is the advantage of using the
Q53: When the confirmation requests are returned by
Q54: Each auditee misstatement of accounts receivable must
Q55: A positive confirmation is more reliable evidence
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