When the Client Has a Large Number of Relatively Small

question 75

True/False

When the client has a large number of relatively small accounts receivable and the assessed level of control risk for receivables and related revenue transactions is high,the auditor is more likely to use negative confirmations.

---

Definitions:

Field Research

The collection of raw data and information from the natural environment where phenomena occur, as opposed to controlled environments like laboratories.

Nonhuman Primates

Mammals, excluding humans, that belong to the primate order; includes monkeys, apes, and lemurs.

Ethics

A branch of philosophy dealing with questions of morality and the principles governing right and wrong conduct.

Western Lowland Gorilla

A subspecies of gorilla that inhabits the lowland rainforests of central West Africa, known for its gentle nature.