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Author Question: A type of positive confirmation known as a blank confirmation (Read 110 times)

Gabby

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Question 1

A type of positive confirmation in which an individual invoice is confirmed, rather than the customer's entire accounts receivable balance, is the ________ confirmation.
◦ invoice
◦ specific
◦ balance
◦ voucher

Question 2

A type of positive confirmation known as a blank confirmation
◦ requests the recipient to fill in the amount of the balance.
◦ is considered less reliable than the regular positive confirmation.
◦ generates as high a response rate as the regular positive confirmation form.
◦ is used when the auditor is confirming several small balances.


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Marked as best answer by Gabby on Aug 21, 2022

dsd1212

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Gabby

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


bdobbins

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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