A type of positive confirmation known as a blank confirmation
A) requests the recipient to fill in the amount of the balance.
B) is considered less reliable than the regular positive confirmation.
C) generates as high a response rate as the regular positive confirmation form.
D) is used when the auditor is confirming several small balances.
Correct Answer:
Verified
Q89: If the auditor decides not to confirm
Q90: The most effective audit evidence gathered for
Q91: Describe how the auditor tests the accuracy
Q92: Confirmation of accounts receivable balances normally provides
Q93: Confirmation of accounts receivable provides evidence related
Q95: Assuming the client's internal controls are effective,
Q96: Which of the following is the principle
Q97: When should auditors not perform alternative procedures
Q98: A positive confirmation is more reliable evidence
Q99: Discuss the audit procedures performed when testing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents