When an audit team does not receive a response on a positive accounts receivable confirmation,auditors should do all of the following except
A) Send a second request.
B) Do nothing for immaterial balances.
C) Examine shipping documents.
D) Examine client correspondence files.

Question

Quizplus · Accepted Answer

Doing nothing for immaterial balances is not an appropriate response for an unresponsive positive accounts receivable confirmation. Instead, auditors should send a second request, examine shipping documents, and examine client correspondence files to ensure the accuracy and completeness of the balance.

When an Audit Team Does Not Receive a Response on a Positive