25 A special form of positive confirmation known as a blankb

25. A special form of positive confirmation known as a blank-balance confi rmation a. request b, requests additional information on consigned inventory. c. is used when the recipients unlikely d. has all the attributes of a, b, and c above. s the recipient to fill in the amount of the balance. d. has all the as are unlikely to pay attention to what information is requested.

Solution

Correct Answer is a. request the recipient to fill in the amount of the balance

Positive confirmations includes

Under Blank confirmation the auditor requests the recipient to fill in the amount of the balances and after that he may cross check it with the amount recorded in the books of client and act accordingly.

 25. A special form of positive confirmation known as a blank-balance confi rmation a. request b, requests additional information on consigned inventory. c. is

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