If Auditors Consider Confirmations of Accounts Receivable to Be Ineffective

question 45

True/False

If auditors consider confirmations of accounts receivable to be ineffective evidence because response rates will be inadequate or unreliable, they need not confirm accounts receivable.

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Definitions:

State Decisions

Judgments or determinations made by government entities or authorities at the state level.

Antipsychotic Drugs

Drugs that help correct grossly confused or distorted thinking.

Mental Disorders

Health conditions characterized by significant changes in thinking, emotion, or behavior, associated with distress and impaired functioning.

Hospitalized

The act of admitting an individual to a hospital for treatment, observation, or other medical care.