how would you verify trade receivables
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how would you verify trade receivables
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〰️That receivables do not exist
〰️That recorded receivable balances are inaccurate
〰️That it may not be possible to collect accounts receivable
〰️That the derivation of the allowance for doubtful accounts may not properly reflect bad debt experience
〰️That sales transactions were not processed in the correct periods
〰️That revenue was incorrectly recognize
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