An accounts receivable positive confirmation: (a) Provides evidence about the classification assertion. (b) Provides evidence about the

Question:

An accounts receivable positive confirmation:

(a) Provides evidence about the classification assertion.

(b) Provides evidence about the existence of the accounts receivable.

(d) Is not as useful as a negative confirmation.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...

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