Multiple Choice
Which of the following is the best argument against the use of negative accounts receivable confirmations?
A) The cost-per-response is excessively high.
B) There is no way of knowing if the intended recipients received them.
C) Recipients are likely to feel that, in reality, the confirmation is a subtle request for payment.
D) The inference drawn from receiving no reply may not be correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following strategies most likely
Q3: An auditor confirms a representative number of
Q4: Confirmation is least likely to be a
Q5: Which of the following is not an
Q6: Auditors may use positive and/or negative forms
Q7: When a sample of sales transactions recorded
Q8: To determine whether the system of internal
Q9: The revenue process affects numerous accounts in
Q10: A positive confirmation requests that customers respond
Q11: Which of the following misstatements is not