iz

$0\mathrm{.}2$

Question $4(1$ point$)$

Confirmation $4$

Please follow the link above to Confirmation $4.$ Has Sufficient Appropriate Evidence been maintained for this confirmation? If not, what might the next step be in the process.

Yes, no further action required.

No$.$ Verify payment was received by client after year$-$end by examining cash receipts journal and corresponding credit to account receivable in subsequent year records.

Could also trace cash receipt to corresponding bank deposit if considered necessary.

No$.$ Proper control may not have been maintained. Contact customer to confirm verbally and request return of original confirmation letter directly to auditor.

No$.$ Determine the nature and cause of the difference and whether client records are in error. If in error, difference should be noted.

Question $5(1$ point$)$

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Confirmation $5$

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