Which statements regarding external confirmation procedures

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Question 1: Which of the following statements regarding external confirmation procedures for accounts receivable is true?

a) When preparing and sending the letter, the request is typed on the client's letterhead and is sent out by the audit staff.

b) When preparing and sending the letter, the request is typed on the client's letterhead and is sent out by the client staff.

c) For negative confirmations, customers are asked to reply only if they agree with the balance outstanding.

d) The auditor should follow up on any non-replies regarding negative confirmations because customers may not understand what is required of them

Reference no: EM132609459

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