Which of the following is the least important consideration in determining the sample size of confirmations?
A) Total annual credit sales.
B) The results of related analytical procedures.
C) The auditor's assessment of detection risk.
D) The types of confirmations being sent; that is, positive or negative
Correct Answer:
Verified
Q5: The most effective test of details of
Q6: A customer mails and records a check
Q7: Cutoff misstatements can occur for: 
Q8: Accounting standards require that sales returns and
Q9: How might the auditor determine whether a
Q11: A threefold approach is typically followed when
Q12: Sampling used for tests of details provides
Q13: Tolerable misstatements for overstatements and understatements:
A) must
Q14: Tests for rates of occurrence are appropriately
Q15: Which of the following is not a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents