Which of the following is the principle "weakness" of using negative confirmations for your tests of details of balances for accounts receivable?
A) can only be used for large balance accounts
B) cannot not be used when account balances "bunch" around a mean value
C) conclusions drawn from receiving no reply may not be correct
D) response rates are generally too low to draw any conclusions

Question

Quizplus · Accepted Answer

Negative confirmations rely on the assumption that if a confirmation request is sent and not replied to, the balance is correct. However, there is a possibility that the request was not received or processed properly, and the balance may actually be incorrect. Therefore, conclusions drawn from receiving no reply may not be correct.

Which of the Following Is the Principle "Weakness" of Using