Question: When an auditor does not receive replies to positive requests for year-end accounts receivable confirmations, the auditor most likely would Inspect the allowance account to

When an auditor does not receive replies to positive requests for year-end accounts receivable confirmations, the auditor most likely would

Inspect the allowance account to verify whether the accounts were subsequently written off.

Send the customer a second confirmation request.

Increase the assessed risks of material misstatement for the revenue cycle.

Increase the assessed risks of material misstatement for the valuation and completeness assertions.

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