What is the purpose of sending confirmations to vendors with small or zero balances?

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Auditing and Assurance Services Understanding the Integrated Audit

ISBN: 978-0471726340

1st edition

Authors: Karen L. Hooks

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Question Posted: Jan 21, 2015 10:39 AM

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What is the purpose of sending confirmations to vendors with small or zero balances?

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The amount by which a liability can be understated is infinite in other words i...View the full answer

Auditing and Assurance Services Understanding the Integrated Audit

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