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The risk of non-existent or incorrectly valued recelvables can be reduced by Performing revenue and sales verification procedures. Having the accounts receivable clerk review deposits

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The risk of non-existent or incorrectly valued recelvables can be reduced by Performing revenue and sales verification procedures. Having the accounts receivable clerk review deposits to moke sure all customers are paying and unpaid items are reported to management for follow up. Confirmation and analytical procedures. Reviewing the listing of accounts recelvable

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