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What procedures should an auditor perform for a positive confirmation that is not returned by the client's customer?
Accrued Revenues
Revenues that have been earned through goods or services delivered, though payment has not yet been received.
Unearned Revenues
Money received by an individual or company for a service or product that has yet to be provided or delivered.
Accounting Period
A specific duration of time for which financial activities are reported and analyzed, usually a year or a quarter.
Salaries Expense
Represents the total amount paid to employees for services rendered during a specific period.
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