Difference between positive and negative confirmations


Response to the following questions:

1. Distinguish between positive and negative confirmations. Under what circumstances would positive confirmations be more appropriate than negative confirmations?

2. Identify three other types of receivables the auditor should examine. What audit procedures would typically be used to audit other receivables?

 

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Auditing: Difference between positive and negative confirmations
Reference No:- TGS02114658

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