Which of the Following Strategies Most Likely Could Improve the Response

question 78

Multiple Choice

Which of the following strategies most likely could improve the response rate of the confirmation of accounts receivable?

• A) Including a monthly statement of the customer's account with the confirmation.
• B) Restricting the selection of accounts to be confirmed to those customers with relatively large balances.
• C) Requesting customers to respond to the confirmation requests directly to the auditor by fax or e-mail.
• D) Notifying the recipients that second requests will be mailed if they fail to respond in a timely manner.

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Definitions:

Regulators

Individuals or bodies that control, monitor, or supervise specific activities or industries, ensuring compliance with laws and standards for the public good.

Sons of Liberty

A group of American patriots during the late 18th century, known for their radical actions against the British tax policies leading to the American Revolution.

Proclamation of 1763

An edict issued by King George III of Britain, prohibiting settlers from advancing westward beyond the Appalachian Mountains to ease tensions with Native Americans.

Sons of Liberty

A group of patriots formed in the North American British colonies to protest against British taxation and laws, known for their role in the American Revolution.