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DayGlow Inc. is a manufacturer of specialized motors for racing cars and trucks, and operates in both the American and Canadian markets. As part of the audit of DayGlow Inc., the partners of the external auditors, StraightLace LLC are meeting to discuss some areas of potentially higher inherent risk. best represents an audit procedure that might be used to audit this area? A recalculation procedure to ensure that the sales and receivables amounts are recorded correctly, and have been adjusted as necessary due to foreign currency fluctuations. A receivable confirmation procedure, whereby the auditor sends confirmations to a sample of Canadian clients, requesting they confirm the balances owed to them by the client. A reperformance procedure, whereby the auditor reperforms the process of shipping to a fictitious Canadian client and receiving funds at a later date in settlement of a receivable. An analytical procedure, whereby the auditors will examine trends in sales and associated receivables from US clients to ensure that currency translation fluctuations have been appropriately recorded