Help 94% > Q Search er 20/21) 13. In the audit of the Whiteboard Company, you did extensive ratio and trend analysis as part of preliminary audit planning. Your analytical procedures identified the following: 1. The days of collection period of accounts receivable has steadily increased for three years. 2. Allowance for uncollectible accounts as a percent of accounts receivable has steadily decreased for three years. 3. The absolute amounts of depreciation expense and depreciation expense as a percent of gross fixed assets are significantly smaller than in the preceding year. Required Evaluate the potential significance of each of the changes in ratios or trends identified in your analysis on the fair presentation of financial statements. (4 Points) Enter your answer Submit