Question: The auditor is performing analytical procedures and determines that the accounts receivable growth should be similar to the revenue growth. After performing the analytical procedure,

The auditor is performing analytical procedures and determines that the accounts receivable growth should be similar to the revenue growth. After performing the analytical procedure, the auditor discovers that the accounts receivable growth has doubled the revenue growth. This observation will result in the auditor assessing a lower risk of material misstatement associated with accounts receivable.

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True b

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False

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