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

question 93

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 method in which accounts are selected for confirmation.

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Definitions:

3-Phenylpentan-3-ol

An organic compound characterized by a five-carbon chain with a phenyl group attached to the third carbon and an alcohol group on the same carbon.

Benzoic Acid

A simple aromatic carboxylic acid, its salts are used as food preservatives.

Propanoyl Chloride

An acyl chloride derived from propanoic acid, used in organic synthesis to introduce the propanoyl functional group.

Organic Product

A compound or material derived from living organisms, structured primarily around carbon chains or rings.