1.. An auditor examines sales journal entries for several days prior to and subsequent to the balance sheet date. The purpose of this procedure is to

A. Determine the collectibility of accounts receivable. B. Verify the existence of recorded receivables at year end. C. Ensure that sales near year end are recorded in the proper period.

D. Detect the occurrence of lapping near year end.

2.. Which of the following procedures would an auditor most likely perform for year-end accounts receivable confirmations when the auditor did not receive replies to second requests?

A. Review the cash receipts journal for the month prior to year end. B. Intensify the study of internal control concerning the revenue cycle. C. Increase the assessed level of detection risk for the existence assertion. D. Inspect the shipping records documenting the merchandise sold to the debtors.