Confirmations are considered to be the most efficient procedure for obtaining sufficient appropriate audit evidence to support
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Confirmations are considered to be the most efficient procedure for obtaining sufficient appropriate audit evidence to support the existence and rights assertions of accounts receivable.
However, there are still circumstances under which other procedures may be more effective. List four situations in which confirmations are unlikely to be effective.
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Related Book For
Modern Auditing And Assurance Services
ISBN: 9781118615249
6th Edition
Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson
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