Question: When is consultation required when executing the confirmation process?(Selfet the best answer)When using an intermediary that is not listed in the Controls Over Audit Tools
When is consultation required when executing the confirmation process?(Selfet the best answer)When using an intermediary that is not listed in the Controls Over Audit Tools Practice Aid.When a confirming party cannot be identified.When concluding that it is not feasible to send confirmations to address a risk of material misstatement related to accounts or loans receivable.When planning to send a cash confirmation that does not also include confirmation of other financial relationships the entity has with the confirming party.
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