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Any of the following would be a reason by itself to not confirm accounts receivable: receivables are immaterial, there are a large number of small

Any of the following would be a reason by itself to not confirm accounts receivable: receivables are immaterial, there are a large number of small account balances, assessed risk of material misstatement is low, or there is no reason for the auditor to believe the recipients of the confirmations will not give them consideration. Tru False

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