1. What are the 3 primary assertions covered by A/R confirmations?

2. Auditing Standards in the United States require the confirmation of A/R unless what 3 criteria?

3. When customers do not respond to A/R confirmation, what are the possible primary follow-up procedures an auditor can perform that we discussed in class?List them in order of evidence reliability. 1 point for each procedure identified in the correct order of reliability.

4. Describe the differences between a positive confirmation and a negative confirmation.2 points.

5. Negative confirmations can only be used when four requirements are met. What are these four criteria? 1 point for each criteria.