To Reduce the Risks Associated with Accepting Fax Responses to Requests

question 677

Multiple Choice

To reduce the risks associated with accepting fax responses to requests for confirmations of accounts receivable, an auditor most likely would:

• A) Examine the shipping documents that provide evidence for the existence assertion.
• B) Verify the sources and contents of the faxes in telephone calls to the senders.
• C) Consider the faxes to be nonresponses and evaluate them as unadjusted differences.
• D) Inspect the faxes for forgeries or alterations and consider them to be acceptable if none are noted.

---

Definitions:

Depression

A psychiatric condition characterized by an ongoing low mood or a decrease in pleasure in tasks, severely affecting life on a day-to-day basis.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often accompanied by physical symptoms.

Dissociation

Process whereby different facets of an individual’s sense of self, memories, or consciousness become split off from one another.

Catatonic

A behavioral syndrome marked by an inability to move normally, which can include motor immobility and excessive motor activity.