During the confirmation of accounts receivable, an auditor receives a confirmation via the clients fax machine. Which
Question:
a. Not accept the confirmation and select another customer’s balance to confirm.
b. Not accept the confirmation and treat it as an exception.
c. Accept the confirmation and file it in the working papers.
d. Accept the confirmation but verify the source and content through a telephone call to the respondent.
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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