Information RA P Flag question (6 marks) You are the audit senior in charge of the audit of Big-Boi Skatery, a distributor of skateboards. You have just been told that the junior accountant responsible for the accounts receivable confirmation testing has taken an indefinite leave of absence from the firm, and as such you need to analyze the confirmations that were returned with customer differences. The company's year-end is December 31, 2020. For each of the customer confirmation differences below, determine whether it is a timing difference or misstatement and explain why, calculating any misstatement if applicable. Each analysis is worth 2 marks. Question 1 Answer saved Customer reply: We do not owe you anything as at December 31, 2020 as the goods invoiced to us totalling $3,600 on invoice #402 were received on January 1, 2021. Marked out of 2.00 Flag question Audit evidence in the file obtained from the client: The shipping documents in fact show that the goods were received by the customer (FOB destination point) on January 1, 2021