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When an auditor does not receive replies to positive requests for year-end accounts receivable confirmations, the auditor most likely would Inspect the allowance account to
When an auditor does not receive replies to positive requests for year-end accounts receivable confirmations, the auditor most likely would
Inspect the allowance account to verify whether the accounts were subsequently written off.
Send the customer a second confirmation request.
Increase the assessed risks of material misstatement for the revenue cycle.
Increase the assessed risks of material misstatement for the valuation and completeness assertions.
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