Item$17$

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Item $17$

TB MC Qu$.05-75$ Which of the following is most likely to$...$

Which of the following is most likely to be considered an analytical procedure?

Multiple Choice

Reconciling physical counts of inventory to perpetual records.

Testing purchases at year$-$end to determine they were recorded in the proper period.

Comparing accounts receivable balances to recent sales activities.

Selecting a sample of year$-$end receivables for confirmation.