U.S. auditing standards indicate that auditors should use external confirmations for accounts receivable. However, there are certain circumstances where confirmation may not be appropriate. List these three situations.
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Q101: It is common to use a combination
Q102: Discuss the alternative procedures an auditor can
Q103: The confirmations must be mailed by the
Q104: Negative confirmations are less expensive, and less
Q105: The auditor should perform procedures to verify
Q107: Blank confirmations are considered less reliable than
Q108: A confirmation is a type of audit
Q109: When a customer disagrees with the amount
Q110: Discuss the advantages and disadvantages of using
Q111: If auditors consider confirmations of accounts receivable
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