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.