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The Negative Request Form of Accounts Receivable Confirmation Is Useful

question 4

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The negative request form of accounts receivable confirmation is useful particularly when the  Assessed Level of Risk of Material  Misstatement Relating to Receivables Is  Number of Small  Balances Is  Proper Consideration by  the Recipient Is  A. Low  Many  Likely  B. Low  Few  Unlikely  C. High  Few  Likely  D.  High  Many  Likely \begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Assessed Level of Risk of Material } \\\text { Misstatement Relating to Receivables Is }\end{array} & \begin{array} { l } \text { Number of Small } \\\text { Balances Is }\end{array} & \begin{array} { l } \text { Proper Consideration by } \\\text { the Recipient Is }\end{array} \\\hline \text { A. Low } & \text { Many } & \text { Likely } \\\hline \text { B. Low } & \text { Few } & \text { Unlikely } \\\hline \text { C. High } & \text { Few } & \text { Likely } \\\hline \text { D. } \text { High } & \text { Many } & \text { Likely } \\\hline\end{array}


Definitions:

Book Value Per Share

A financial measure that indicates the per share value of a company based on its equity available to shareholders.

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