Ask Question
17 January, 17:06

In the confirmation of accounts receivable, the auditor will most likely

A. Request confirmation of a sample of the inactive account.

B. Seek to obtain positive confirmations for at least 50% of the total dollar amount of the receivables.

C. Require confirmation of all receivables from agencies of the federal government.

D. Require that confirmation requests be sent within 1 month of the fiscal year end.

+3
Answers (1)
  1. 17 January, 18:54
    0
    A. Request confirmation of a sample of the inactive account.

    Explanation:

    In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In the confirmation of accounts receivable, the auditor will most likely A. Request confirmation of a sample of the inactive account. B. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers