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The auditors obtain audit evidence for accounts receivable by using positive or negative confirmation requests. Under which of th confirmation be useful? O 1.
The auditors obtain audit evidence for accounts receivable by using positive or negative confirmation requests. Under which of th confirmation be useful? O 1. Inherent risk and control risk are high. O2. The auditors believe that recipients of the requests are unlikely to return the confirmations. O 3. The client has a large number of small A/R balances. 4. The client is involved in a substantial number of disputes with their customers.
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