True/False
If auditors consider confirmations of accounts receivable to be ineffective evidence because response rates will be inadequate or unreliable, they need not confirm accounts receivable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: An auditor is comparing the write-off of
Q41: The most reliable evidence from confirmations is
Q42: Confirmation of accounts receivable balances normally provides
Q43: The most effective audit evidence gathered for
Q44: When an auditor uses negative confirmations, several
Q46: Communication addressed to the debtor requesting him
Q47: A procedure to test for a cash
Q48: If the auditor decides not to confirm
Q49: Confirmation of accounts receivable provides evidence related
Q50: Which of the following types of receivables