Question: 1 . List the four factors auditors should consider when evaluating the results of confirmation procedures. Also, what are three of the characteristics of reliable

1 .

List the four factors auditors should consider when evaluating the results of confirmation procedures. Also, what are three of the characteristics of reliable confirmation?

(

For this and other questions, you may wish to refer relevant auditing standards

) .

2 .

What does it mean to "maintain control" over the confirmation requests and responses? What could go wrong if the auditor doesn't maintain control over the confirmation process?

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