Positive confirmations ask recipients to reply ________.
A)in all circumstances.If a response cannot be obtained, auditors must obtain alternative evidence to determine if the balance exists.
B)only if they disagree with the information provided.If a recipient does not respond, it is assumed that he/she agrees with the information provided
C)in all circumstances.If a recipient does not respond, it is assumed that he/she agrees with the information provided
D)only if they disagree with the information provided.If a response cannot be obtained, auditors assume that the receivable does not exist

Question

Quizplus · Accepted Answer

Positive confirmations require a response in all circumstances. If no response is received, auditors must seek alternative evidence to verify the existence of the balance.

Positive Confirmations Ask Recipients to Reply ________