Unformatted text preview: balances or if errors are anticipated because control risk was judged to be high. Negative confirmation requests are used when there are a large number of accounts with small balances, control risk is assessed to be low, and the auditor believes that the customers will devote adequate attention to the confirmation. 10-27 In addition to sending second requests, Signoff-on can perform the following audit procedures: • Examination of subsequent cash receipts. • Examination of the customer orders, shipping documents, and duplicate sales invoices. • Examination of other client documentation. 10-12 C 10-13 B 10-14 B 10-15 D 10-16 C 10-17 B 10-18 A 10-19 A 10-20 C 10-21 A 10-22 A 10-23 B...
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- Spring '08
- invoice, negative confirmation requests