Question
The negative request form of accounts receivable confirmation may be used when the A. Risk of material misstatement is LOW, The number of small balances
The negative request form of accounts receivable confirmation may be used when the
A.
Risk of material misstatement is LOW, The number of small balances is FEW, Consideration by the recipient is UNLIKELY
B.
Risk of material misstatement is HIGH, The number of small balances is MANY, Consideration by the recipient is LIKELY
C.
Risk of material misstatement is LOW, The number of small balances is MANY, Consideration by the recipient is LIKELY
D.
Risk of material misstatement is HIGH, The number of small balances is FEW, Consideration by the recipient is LIKELY
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