Which of the following would be least likely to diminish the validity of evidence obtained through confirmation of accounts receivable?
A) The confirmation requests are sent on the client's letterhead.
B) The confirmation requests are mailed to customers by the internal auditors.
C) The client's mailroom personnel closely monitor and inspect confirmation requests during mailing.
D) The return address on the envelope used to send the confirmation request is that of the client.
Correct Answer:
Verified
Q13: Which of the following is least likely
Q14: Which of the following is not typically
Q15: CPAs use positive accounts receivable confirmation requests
Q16: Your client performed the physical count of
Q17: A client might overstate December 31 accounts
Q19: To test the existence assertion for recorded
Q20: Confirmation of accounts receivable provides absolute assurance
Q21: An auditor who uses a transaction cycle
Q22: You were surprised to note that approximately
Q23: Which of the following is not true
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