With respect to contingent liabilities, the auditor may request confirmation from a bank regarding notes receivable a.

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With respect to contingent liabilities, the auditor may request confirmation from a bank regarding notes receivable

a. Held by the bank in a custodial account.

b. Held by the bank for collection.

c. Discounted by the bank.

d. Collected by the bank.

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Auditing Integrated Concepts And Procedures

ISBN: 9781260299397

5th Edition

Authors: Donald H. Taylor, G. William Glezen

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