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Select the necessary words from the list of possibilities to complete the following statements. 1. A test of the completeness of recorded sales involves tracing

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Select the necessary words from the list of possibilities to complete the following statements. 1. A test of the completeness of recorded sales involves tracing a sample of to recorded sales. The best evidence of collectibility of accounts receivable is examination of subsequent _ of the accounts. Loans by a company to its officers, directors, major stockholders, or affiliates require particular attention because these are not the results of arm's length bargaining by independent parties. 4. Before goods are shipped on open account, the sale should be approved by the _confirmation request asks the debtor to respond in all cases. Select the necessary words from the list of possibilities to complete the following statements. 1. A test of the completeness of recorded sales involves tracing a sample of to recorded sales. The best evidence of collectibility of accounts receivable is examination of subsequent _ of the accounts. Loans by a company to its officers, directors, major stockholders, or affiliates require particular attention because these are not the results of arm's length bargaining by independent parties. 4. Before goods are shipped on open account, the sale should be approved by the _confirmation request asks the debtor to respond in all cases

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