Auditing Practice Questions:

29. T/F. The auditors should mail confirmation requests, and the enclosed envelope for customer's reply, and it should be addressed to the auditor's office. 30. T/F. The auditor should perform an alternative auditing procedure on all negative confirmation requests that are not returned. 31. T/F. When it is "impossible" to confirm accounts receivable, the auditor can never issue an unqualified opinion on the client's financial statements. 32. T/F. An accounts receivable that is pledged as a collateral for loan should be reclassified as noncurrent asset