Which of the following statements is correct concerning the use of negative confirmation requests?

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CPA Auditing and Attestation

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Which of the following statements is correct concerning the use of negative confirmation requests?
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Question No. 1

Which of the following statements is correct concerning the use of negative confirmation requests?

Choose the correct option from the given list.

Unreturned negative confirmation requests rarely provide significant explicit evidence.

Negative confirmation requests are effective when detection risk is low.

Unreturned negative confirmation requests indicate that alternative procedures are necessary.

Negative confirmation requests are effective when understatements of account balances are suspected.

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Which of the following statements is correct concerning the use of negative confirmation requests?

a) Unreturned negative confirmation requests rarely provide significant explicit evidence
b) Negative confirmation requests are effective when detection risk is low
c) Unreturned negative confirmation requests indicate that alternative procedures are necessary
d) Negative confirmation requests are effective when understatements of account balances are suspected

Answer: a) Unreturned negative confirmation requests rarely provide significant explicit evidence

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Home » Test Prep » CPA Auditing and Attestation » Which of the following statements is correct concerning the use of negative confirmation requests?

Which of the following statements is correct concerning the use of negative confirmation requests?
A. Unreturned negative confirmation requests rarely provide significant explicit evidence.
B. Negative confirmation requests are effective when detection risk is low.
C. Unreturned negative confirmation requests indicate that alternative procedures are necessary.
D. Negative confirmation requests are effective when understatements of account balances are suspected.

statements correct negative confirmation requests

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