How the auditor verifies accuracy of aged trial balance, Auditing

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How the auditor verifies accuracy of aged trial balance

Response to the following questions:

1. List four analytical procedures that can be used to test revenue-related accounts. What potential misstatements are indicated by each of these analytical procedures?

2. Describe how the auditor verifies the accuracy of the aged trial balance.

3. List and discuss the three factors mentioned in the chapter that may affect the reliability of confirmations of accounts receivable.

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