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:

Union Organizing

The process of forming or joining a labor union to represent employees' interests in negotiations with employers.

Labour-management Co-operation

Collaborative efforts between employees, represented by their unions, and employers to improve working conditions, productivity, and mutual interests.

Joint Study Committees

Collaborative groups formed by representatives from different parties, often within a workplace, to investigate and provide insights or solutions on specific issues or projects.

Training Programs

Structured courses or modules designed to enhance the skills, knowledge, and competencies of employees or individuals.