Multiple Choice
A positive confirmation is more reliable evidence than a negative confirmation because:
A) the auditor has a document which can be used in court.
B) follow- up procedures can be performed if a response is not received from the debtor.
C) the debtor's lack of response indicates agreement with the stated balance.
D) fewer confirmations can be sent out.
Correct Answer:
Verified
Correct Answer:
Verified
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