When No Reply to a Positive Confirmation Is Received, the Auditor

question 62

Multiple Choice

When no reply to a positive confirmation is received, the auditor:

• A) examines subsequent cash receipts.
• B) treats the non-response as a misstatement.
• C) examines duplicate sales invoices.
• D) both A and C

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Definitions:

Expression of Opinion

A statement that conveys someone's personal thoughts, beliefs, or judgments rather than objective facts.

Agree to a Bargain

To consent to the terms of an agreement or deal, often after negotiation.

Expressed in Plain Language

Written or spoken communication in simple, straightforward language that can be easily understood by the target audience, without the use of technical or legal jargon.

Acceptance May Consist

Acceptance in a contract can take various forms, including actions or performance in line with the contract's terms.