Confirmations That Are Sent to Select Customers Asking Them to Review

question 23

Multiple Choice

Confirmations that are sent to select customers asking them to review the current balance due the client as shown on the client's statement and return the letters directly to the auditor indicating whether they agree with the indicated balance,are known by which of the following terms?

• A)Direct confirmations.
• B)Indirect confirmations.
• C)Positive confirmations.
• D)Negative confirmations.

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Definitions:

Bloodstream

The flowing blood within the circulatory system of a body, delivering nutrients and oxygen to cells and removing waste products.

Parathyroid

Small glands located in the neck that produce parathyroid hormone, which regulates the body's calcium levels.

Calcium Levels

The measure of calcium concentration in the body, which is crucial for various physiological processes including bone formation, muscle function, and nerve transmission.

Thyroid

A gland in the neck that produces hormones regulating growth and development through the rate of metabolism.