Which of the following does not meet the definition of an external confirmation in the context of accounts receivable? A)Fax responses. B)Oral responses obtained by the auditor through a telephone call. C)Written responses to negative confirmation requests. D)Written response to confirmations sent out without balances due.

Question

Quizplus · Accepted Answer

Oral responses obtained by the auditor through a telephone call do not meet the definition of an external confirmation in the context of accounts receivable because an external confirmation must be a direct written response to the auditor from a third party.

Which of the Following Does Not meet the Definition of an External