Please clearly label your answers to parts A, B, and C A) De…
Please clearly label your answers to parts A, B, and C A) Describe the difference between a negative and positive confirmations and under what circumstances it would be appropriate to utilize each one to provide evidence about existence and/or accuracy/valuation for accounts receivable. B) Assume you utilized positive confirmations, but they are not received back from the customers, describe what alternate procedures the auditor should perform in order to obtain assurance about the existence and accuracy/valuation of those accounts receivable? C) Describe the control testing procedures you would use to test the operating effectiveness of internal controls that ensure “Goods shipped to customers are properly billed to the customer.” Describe what kind of sampling you would use and be specific on your sample population and what procedures you would perform.