Obtain an aged trial balance of the accounts receivable. Read sales contracts for evidence of customers' rights of return or price allowance terms. Prepare and send confirmations on a sample of customers' accounts receivable. Assess the control risk for sales and collections.

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.