External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation. To choose: the reason why a negative conformation is less effective that the positive confirmation.

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Answer 1

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Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

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Answer 2

Question

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Expert Solution & Answer

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Answer 3

Question

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Expert Solution & Answer

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See solution

Answer 4

Question

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Answer 6

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Answer 7

Chapter 10, Problem 10.20MCQ

To determine

Concept Introduction:

External confirmation is kind of audit evidence. This is obtained by the auditors from third party to confirm the balances or transactions. An external confirmation can be either positive or negative confirmation.

To choose: the reason why a negative conformation is less effective that the positive confirmation.

Answer 8

Expert Solution & Answer

Answer 9

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Answer 10

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Answer 11

Ch. 10 - Prob. 10.1RQ Ch. 10 - Prob. 10.2RQ Ch. 10 - Prob. 10.3RQ Ch. 10 - Prob. 10.4RQ Ch. 10 - Prob. 10.5RQ Ch. 10 - Prob. 10.6RQ Ch. 10 - Prob. 10.7RQ Ch. 10 - Prob. 10.8RQ Ch. 10 - Prob. 10.9RQ Ch. 10 - Prob. 10.10RQ

Solution Summary: The author explains that external confirmation is kind of audit evidence obtained by auditors from third parties to confirm the balances or transactions.

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Chapter 10 Solutions