choose the correct answers

24. Presentation and disclosure refers to a. The client failed to include in their financial statements inventory that was consigned to others. b. The client had a significant amount of damaged goods that were presented at cost. O c. The client failed to describe in the financial statements significant debt restrictions d. The client recorded receivables that were fictitious 26. Confirm a sample of accounts receivable by direct communication with the customers. (single or multiple answers) A Establish the existence of the assets Establish the rights to the assets Establish the completeness of recorded assets D Determine the appropriate valuation of the assets Establish the clerical accuracy of the underlying records Determine the appropriate financial statement presentation 27. Observe the client's physical inventory. (single or multiple answers) A Establish the existence of the assets O Establish the rights to the assets C Establish the completeness of recorded assets D Determine the appropriate valuation of the assets Establish the clerical accuracy of the underlying records Determine the appropriate financial statement presentation