Communication Addressed to the Debtor Requesting Him or Her to Confirm

question 46

Multiple Choice

Communication addressed to the debtor requesting him or her to confirm whether the balance as stated on the communication is correct or incorrect is a

• A) representation letter.
• B) negative confirmation.
• C) bank confirmation.
• D) positive confirmation.

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Definitions:

Non-Business Entities

Organizations or bodies that do not operate for profit-making purposes, such as charities, government agencies, and non-governmental organizations.