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      Question

      According to SA 505, which of the following types of

      confirmation provides the most reliable audit ovidence when verifying accounts receivable balances?
      A Poskive confirmation requests that require a response whether or not the customer agrees with the stated balance Correct Answer Incorrect Answer
      B Verbal assurance obtained during internal management meetings Correct Answer Incorrect Answer
      C Negative confirmation requests that require a response only if there is a disagreement Correct Answer Incorrect Answer
      D Management's written representation confirming total receivables Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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