A Sample of Positive Confirmations Is Mailed for Material Accounts

question 47

Multiple Choice

A sample of positive confirmations is mailed for material accounts receivable balances.Frequently there is a lack of response.Which of the following is not an acceptable alternative procedure?

• A)Reviewing collections on the account subsequent to the confirmation date.
• B)Inquiry of management.
• C)Mailing second and third confirmations.
• D)Examination of supporting documents.

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Definitions:

Medical Treatment Trial

A research study conducted to evaluate the effectiveness and safety of medications or medical devices by monitoring their effects on large groups of people.

Typical Antipsychotic

Typical antipsychotic refers to a class of medications primarily used to treat psychosis, including schizophrenia, characterized by their dopamine antagonist properties.

Neurotransmitter

Chemical found in the synaptic vesicles that, when released, has an effect on the next cell.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive body movements, often resulting from long-term use of antipsychotic medication.