1. loans by a company to its officers, directors, major stockholders, or affiliates require particular attention because these are not the results of arm's length bargaining by independent parties. 2. receivables written off are often turned over to a 3. before goods are shipped on open account, the sale should be approved by the 4. the best evidence of collectibility of accounts receivable is examination of subsequent of the accounts. 5. if a response to a negative confirmation request is not received, the auditors ordinarily