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Cadish Cadish
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6 years ago
The most reliable evidence from confirmations is obtained when they are sent
A) several months before the year-end, so the auditor will have adequate time to perform alternate procedures if they are required.
B) at various times throughout the year to different sections of the sample, so that the entire sample is representative of account balances scattered throughout the year.
C) as close to the balance sheet date as possible.
D) at various times throughout the year to the same group in the sample, so that the sample will not have a time bias.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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inthe80sinthe80s
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Cadish Author
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5 years ago
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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