The Primary Purpose of Sending a Standard Confirmation Request to Financial

question 29

Multiple Choice

The primary purpose of sending a standard confirmation request to financial institutions with which the entity has done business during the year is to

• A) detect kiting activities that may otherwise not be discovered.
• B) corroborate information regarding deposit and loan balances.
• C) provide the data necessary to prepare a proof of cash.
• D) request information about contingent liabilities and secured transactions.

---

Definitions:

Cranial Nerve

One of the twelve nerves that originate in the brain and control functions such as vision, hearing, and taste.

Nursing Plan of Care

A detailed plan developed by nurses that outlines the goals, strategies, and interventions for patient care.

Geriatric Patients

Individuals, typically over the age of 65, who may require specialized medical care due to aging-related health issues.

Individualized

Tailored or customized to suit the unique preferences, needs, or circumstances of an individual.