REQUIRED: FOR THE VALUATION ASSERTION, IDENTIFY THE RISKIER (THAT IS,LESS RELIABLE] PROCEDURE. BE PREPARED TO EXPLAIN WHY. Procedure A 1. Confirm receivables with business organizations Which if either] is Riskier? Procedure B confirm open invoices with business organizations versus 2. Examine 3-inch steel plates versus examine electronic parts. 3. Examine duplicate sales invoices when several competent people are checking each other's work examine documents prepared by a competent person on a one-person staff. versus 4. Physically examine inventory of parts for the number of units on hand versus examine inventory for obsolescence. 5. Estimate a company's oil reserves with a geologist specializing in oil and gas versus Estimate the amount of oil stored in a tank farm 6. Confirm a bank balance with the bank versus examine the bank statements provided by the client. 7. Physically count the client's inventory held by an independent party versus confirm the count with an independent party. 8. Confirm a client's bank balance with the bank. versus Examine the client's bank statements 9 Examine an original document versus Examine a copy of a document