An Auditor Would Be Least Likely to Use Confirmation in Connection

question 13

Multiple Choice

An auditor would be least likely to use confirmation in connection with the examination of:

• A) income tax expense.
• B) inventories.
• C) accounts receivable.
• D) long-term debt.

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Definitions:

Acquaintance

Someone known to an individual, but not as closely connected as a friend, typically involving limited personal knowledge and interaction.

Self-Disclosure

The act of revealing personal information to others which can help in forming deeper interpersonal connections.

Personal Information

Data or details pertaining to an individual's private life, identity, or personal interests.