Question

In the confirmation of accounts receivable, the auditor will most likely

A. Request confirmation of a sample of the inactive account.
B. Seek to obtain positive confirmations for at least 50% of the total dollar amount of the receivables.
C. Require confirmation of all receivables from agencies of the federal government.
D. Require that confirmation requests be sent within 1 month of the fiscal year end.

Answer 1

A. Request confirmation of a sample of the inactive account.

Step-by-step explanation:

In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts .