Question: 1 . Confirmations address completeness more than they address existence . 2 . A combination of positive and negative requests may be used . 3
Confirmations address completeness more than they address existence A combination of positive and negative requests may be used Confirmation replies should be addressed directly to the CPAs at the client's address Confirmation requests manually prepared and sent should be mailed by the client under the careful supervision of the CPAs Second requests are more frequently used for negative confirmation requests than for positive confirmation requests.Incorrect Depending upon the circumstances, auditors may confirm total balances due or individual portions of those balances.
Incorrect
Correct
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
