An external confirmation sent to a customer: a. provides strong evidence for the accuracy, valuation, and allocation

Question:

An external confirmation sent to a customer:

a. provides strong evidence for the accuracy, valuation, and allocation assertion when the customer agrees with the balance owing.

b. requests information about due dates.

c. primarily focuses on accounts where there are small or zero balances.

d. provides evidence for the existence assertion.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing A Practical Approach

ISBN: 9781119709497

4th Canadian Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

Question Posted: