When detection risk is high, the timing of the receivables confirmations would be expected to be:
A) at balance date.
B) prior to balance date.
C) prior to balance date provided analytical procedures are performed between the confirmations and balance date.
D) prior to balance date provided analytical procedures and tests of control are performed between the confirmations and balance date.

Question

Quizplus · Accepted Answer

The Answer of When detection risk is high, the timing of the receivables confirmations would be expected to be:
A) at balance date.
B) prior to balance date.
C) prior to balance date provided analytical procedures are performed between the confirmations and balance date.
D) prior to balance date provided analytical procedures and tests of control are performed between the confirmations and balance date.

When Detection Risk Is High, the Timing of the Receivables