Which of the following would indicate the need to use positive accounts receivable confirmation requests?
A. A large population consisting of small balances.
B. A large number of accounts receivable are in dispute.
C. Most accounts are with large reputable companies.
D. Good internal control over accounts receivable.
Answer: B
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Indicate whether the statement is true or false
In the context of observations as primary sources of information, you should use opinions, not facts and statistics, to present your observations
Indicate whether the statement is true or false