Positive confirmation is correspondence sent directly by an auditor to a third party, who must respond _________.
A)in all circumstances
B)only if it disagrees with the information provided
C)only if it agrees with the information provided
D)in circumstances where the client disagrees with the auditor

Question

Quizplus · Accepted Answer

Positive confirmation requires a response in all circumstances, regardless of whether the information provided agrees or disagrees with what the auditor knows or expects. This is because the purpose of positive confirmation is to obtain direct, written verification from a third party to corroborate information provided by the client.

Positive Confirmation Is Correspondence Sent Directly by an Auditor to a Third