To Reduce the Risks Associated with Accepting E-Mail Responses to Requests

question 37

Multiple Choice

To reduce the risks associated with accepting e-mail responses to requests for confirmation of accounts receivable,an auditor most likely would

• A) request the senders to mail the original forms to the auditor or the auditor may follow up with a telephone call to verify the response.
• B) examine subsequent cash receipts for the accounts in question.
• C) consider the e-mail responses to the confirmations to be exceptions.
• D) mail second requests to the e-mail respondents.

Comprehend the relationship between product availability, customer satisfaction, and supply chain responsiveness.

Understand the relevance and implications of managerial levers in supply chain profitability.

Analyze the balance between inventory costs and supply chain revenues for optimal profitability.

Appreciate the role of quick responses and increased forecast accuracy in supply chain management.

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Definitions:

Breach of Contract

Occurs when one party fails to fulfill their duties or obligations as outlined in a mutually agreed contract, leading to legal ramifications.

Contract Frustration

A legal concept where a contract becomes impossible to perform due to unforeseen events, releasing parties from their obligations.

Government Ban

An official prohibition issued by governmental authorities on certain actions, products, or substances.

Melatonin

A hormone produced by the pineal gland in the brain, involved in regulating sleep-wake cycles.