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For the accounts of Revenue and Accounts Receivable , provide the following information: a)Name the two riskiest assertions for each account under normal circumstances (2
For the accounts ofRevenueandAccounts Receivable, provide the following information:
a)Name the two riskiest assertions for each account under normal circumstances (2 assertions for each account).
b)Foreachhigh risk assertion you named, provide 1 procedure to test it. (Make sure you be specific in what information you need and why you need that information)
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