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MMLU-Pro / 5918 / An auditor decides to use the blank form of positive accounts receivable…

Problem

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question

An auditor decides to use the blank form of positive accounts receivable confirmation. The auditor should be aware that the blank form may be ineffective because

category

other

options

  1. The auditor may have selected the wrong accounts to send the blank form to.
  2. The blank form might be too complicated for the recipient to understand.
  3. Accounts actually confirmed may not be representative of the population.
  4. Accounts unconfirmed may have already been written off as uncollectible.
  5. The blank form might be lost in the mail, resulting in no response.
  6. All accounts do not have an equal opportunity to be selected for confirmation.
  7. The recipient may not have the necessary information to fill the blank form.
  8. Few responses may occur because more effort is required of recipients.
  9. The blank form may be mistaken for junk mail and discarded.

src

ori_mmlu-professional_accounting

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