Which of the following statements is correct concerning the use of negative confirmation requests? a. Unreturned negative

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Which of the following statements is correct concerning the use of negative confirmation requests?

a. Unreturned negative confirmation requests rarely provide significant explicit evidence.

b. Negative confirmation requests are effective when detection risk is low.

c. Unreturned negative confirmation requests indicate that alternative procedures are necessary.

d. Negative confirmation requests are effective when understatements of account balances are suspected.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:29 AM

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Which of the following statements is correct concerning the use of negative confirmation requests? a. Unreturned negative

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The correct answer is c Unreturned negative confirmation requests indicate that alt...View the full answer

Auditing An Assertions Approach

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