EBK AUDITING & ASSURANCE SERVICES: A SY
EBK AUDITING & ASSURANCE SERVICES: A SY
10th Edition
ISBN: 9781259293245
Author: Jr
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 10, Problem 10.21MCQ
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 case when a negative conformation is useful.

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What are the five management assertions that serve as basis for financial statements audit programs?
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