Which of the Following Statements Would an Auditor Most Likely

question 57

Multiple Choice

Which of the following statements would an auditor most likely add to the negative form of confirmations of accounts receivable to encourage timely consideration by the recipient?

• A) "This is not a request for payment; remittances should not be sent to our auditors in the enclosed envelope."
• B) "Report any differences on the enclosed statement directly to our auditors; no reply is necessary if this amount agrees with your records."
• C) "If you do not report any differences within 15 days, it will be assumed that this statement is correct."
• D) "The following invoices have been selected for confirmation and represent amounts that are overdue."

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Definitions:

Absolute Threshold

The minimum intensity of stimulation required to produce a sensory experience or for a stimulus to be detected 50% of the time.

Just Noticeable Difference

The minimum amount by which stimulus intensity must be changed in order to produce a noticeable variation in sensory experience.

Action Potentials

Quick electrical impulses that travel down the axon of a neuron, triggering the release of neurotransmitters at synapses.

Proximal Stimulation

Proximal stimulation refers to the sensory information received directly from stimuli that are in close proximity to the sensory receptors.