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When sending positive confirmations, which of the following would not be an appropriate way to address nonresponse by a customer? Search for evidence of subsequent cash receipt from the customer
When sending positive confirmations, which of the following would not be an appropriate way to address nonresponse by a customer?
Search for evidence of subsequent cash receipt from the customer.
Match open invoices to underlying bills of lading and customer orders.
If the customer’s account balance is individually immaterial, conclude that no further work or analysis is necessary.
Assume that the nonresponse is 100% in error and project the misstatement on the population.
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