Confirmation Flashcards
1
Q
two types of confirmation
A
positive confirmation- requests a response wether or not the recipient agrees with the client’s balance
negative confirmation-
2
Q
positive
blank confirmation
A
may provide more assurance but has less of a response rate. it requires the recipient to fill in the blank of what he owes.
3
Q
positive
a non response requires a ______. after two failed attempts the auditor will result to _____ for non responses
A
follow up request
alternate procedures
4
Q
negative confirmation
A
requests a response from the recipient only if he disagrees. a nonresponse to a negative confirmation is looked as they agree. weaker form of evidence.
