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24-26 please and thank you For each procedure, indicate the primary audit objective being satisfied: Send negative confirmations to all accounts receivable customers with balances
24-26 please and thank you
For each procedure, indicate the primary audit objective being satisfied: Send negative confirmations to all accounts receivable customers with balances under $5000. Occurrence Completeness - transactions Accuracy - transactions Timing Posting and summarization O Existence Completeness . balances Accuracy - balances O Cutoff O Detail tie-in Realizable value For each procedure, indicate the primary audit objective being satisfied: Develop an expectation of the allowance for doubtful accounts based on aging percentages, historical loss rates, and industry data. Occurrence Completeness - transactions Accuracy - transactions Timing Posting and summarization Existence Completeness - balances Accuracy - balances Cutoff Detail tie-in Realizable value For each procedure, indicate the primary audit objective being satisfied: Perform alternative procedures for non-responses to confirmation requests. Occurrence Completeness transactions Accuracy-transactions Timing Posting and summarization Existence O Completeness-balances Accuracy-balances Cutoff Detail tie-in Realizable value Step by Step Solution
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