Misstatements were identified in the confirmation of accounts receivable. Indicate whether you believe &nbMisstatements were identified in the confirmation of accounts receivable. ...

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Accounting

Misstatements were identified in the confirmation of accounts receivable. Indicate whether you believe these indicate one or more deficiencies in internal control.

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Yes this indicates deficiencies in internal control and the deficiencies can be more than one It should be noted that confirmation of accounts receivable is done by auditors wherein they obtain evidences from third See Answer

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In: AccountingMisstatements were identified in the confirmation of accounts receivable. Indicate whether you believe &nbMisstatements were identified in the confirmation of accounts receivable. Indicate whether you believe these indicate one or more deficiencies in internal control.