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nsdq007 nsdq007
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2 years ago
A positive confirmation is more reliable evidence than a negative confirmation because

▸ fewer confirmations can be sent out.

▸ the auditor has a document which can be used in court.

▸ the debtor's lack of response indicates agreement with the stated balance.

▸ follow-up procedures are performed if a response is not received from the debtor.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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jwmarojwmaro
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2 years ago
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nsdq007 Author
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2 years ago
Thanks
husne
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Yesterday
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nicolepope23
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2 hours ago
Smart ... Thanks!
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