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When sending out bank confirmation requests, which of the following statements is FALSE? A: The client's authorised signature guarantees that the information in the bank
When sending out bank confirmation requests, which of the following statements is FALSE?
A: The client's authorised signature guarantees that the information in the bank confirmation request letter is accurate and complete.
B: Confirmation requests need to be sent to the correct financial institutions to ensure that they receive our request and can respond in a timely manner.
C: Confirmation requests would include the contact information of the engagement teamfor returned confirmations.
D: Responsibility and control of the bank confirmation requests must stay with the auditor rather than the client at all times.
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