Question: What procedures should an auditor perform for a Positive confirmation (vs. negative A/R confirmation) that is not returned by the client's customer? Please also discuss
What procedures should an auditor perform for a Positive confirmation (vs. negative A/R confirmation) that is not returned by the client's customer? Please also discuss effectiveness(pros and cons) of each audit procedures you have decided to apply in conjunction with Accounts Receivables/revenue audit procedures/methodologies/techniques..
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