Question
True/False 1. The auditor is required to use external confirmation procedures for accounts receivable even if the overall account balance is immaterial. 2. In the
True/False
1. The auditor is required to use external confirmation procedures for accounts receivable even if the overall account balance is immaterial.
2. In the case of each (both positive and negative) nonresponse, the auditor should perform alternative audit procedures to obtain relevant and reliable audit evidence.
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
3rd Edition
0471372668, 978-0471372660
