Which of the following statements is correct concerning the use of negative confirmation requests?

Question

Quizplus · Accepted Answer

Negative confirmation requests, where recipients are only asked to respond if they disagree with the information provided, rarely provide significant explicit evidence of the accuracy of financial statements. This is because the lack of response (which is common) does not necessarily confirm the accuracy of the information, as it might simply indicate that the recipient did not attend to the request.

Which of the Following Statements Is Correct Concerning the Use