To reduce the risks associated with accepting fax responses to requests for confirmations of accounts receivable, an auditor most likely would

a. examine the shipping documents that provide evidence for the existence assertion.
b. verify the sources and contents of the faxes in telephone calls to the senders.
c. consider the faxes to be nonresponses and evaluate them as unadjusted differences.
d. inspect the faxes for forgeries or alterations and consider them to be acceptable if none are noted.

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.