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In the confirmation of accounts receivable, the auditor would most likely Require confirmation of all receivables from agencies of the federal government. Seek to obtain
In the confirmation of accounts receivable, the auditor would most likely
Require confirmation of all receivables from agencies of the federal government.
Seek to obtain positive confirmations for at least 50% of the total dollar amount of the receivables.
Require that confirmation requests be sent within 1 month of the fiscal year end.
Request confirmation of a sample of the inactive accounts.
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