Which of the following controls would most likely be appropriate to ensure that accounts receivable recorded on the balance sheet actually exist? CEO oversight on all customer contracts None of these answers are correct Monthly statements sent to each customer indicating the month end balance owed to the organization including a number of an independent individual to call with any questions or concerns on the balance. Monthly bank reconciliations indicating all sales deposits. Question 12 (1 point) Which of the following tests would most likely test the valuation assertion with respect to accounts receivable? Examining subsequent collections to see how much customers ended up paying All of these tests could be used to test the valuation assertion with respect to accounts receivable Positive confirmations requesting that customers respond directly to the auditor indicating the balance that they owe as of year end. Examining the historical percentage of bad debts as compared to receivables