For Which of the Following Accounts Receivable Customer Populations Would

question 44

Multiple Choice

For which of the following accounts receivable customer populations would the use of negative confirmations be most appropriate?

• A)A retail truck and trailer sales company with high inherent risk and moderate control risk over the revenue cycle.
• B)A utility company with control risk over the revenue cycle assessed high.
• C)A mortgage banking company with control risk over the purchasing cycle assessed low.
• D)A cable company with control risk over the revenue cycle assessed low

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Definitions:

Smooth

A texture or quality that is even and uninterrupted by marked changes or disturbances, often used to describe surfaces, movements, or flavors.

Cardiac

Relating to the heart and its function in health or disease.

Exercise Equipment

Tools and machines designed specifically to enhance physical fitness and performance.

Personal Preference

An individual's choice or liking, reflecting their tastes or desires.