Discussion Question for this Chapter: Question 1: Confirmation of Trade Accounts Receivable. Oskard is auditing the financial statements of Cycle Company, a client that has receivables from customers arising from the sale of goods in the normal course of business. Oskard is aware that the confirmation of accounts receivable is a generally accepted auditing procedure. Required: 1. Under what circumstances could Oskard justify omitting the confirmation of Cycle's accounts receivable? 2. In designing confirmation requests, what factors are likely to affect Oskard's assessment of the reliability of confirmations that Oskard sends? 3. What alternative procedures could Oskard consider performing when replies to positive confirmation requests are not received?