The Primary Difference Between Positive and Negative Confirmations Used in the Audit

question 9

Multiple Choice

The primary difference between positive and negative confirmations used in the audit of accounts receivable is which of the following?

• A)The mode of response.
• B)The amount of information included.
• C)The control of the confirmation process by the auditor.
• D)The level of assurance provided.

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Definitions:

Personality

Personality is the combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, motivations, and behaviors.

Personality Assessment

The measurement of personal characteristics through various techniques, including questionnaires and observational methods, to understand individual differences.

Projective

A psychological testing methodology where individuals interpret ambiguous stimuli, providing insight into their subconscious thoughts, feelings, or desires.

Inventory

An inventory refers to a complete list of items such as goods in stock, or the contents of a building.