Prepare a substantive audit program to test accounts receivable balances and bad debts. the construction of such a program should begin with an explicit recognition of the five financial statement assertions: 1 existence or occurence, 2 completeness, 3 rights and obligations, 4 valuation or allocation, and 5 presentation and disclosure. you should derive your specific audit objectives for accounts receivable and bad debts from these assertions. your audit program should address the five financial statement assertions, as well as any weakness in the control structure that you have uncovered. in ths regard, keep in mind the six categories of control procedures, as well as the other control structure elements. you may assume that you have satisfied yourself as to any assertions not speciffically mentioned in the narrative.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

there is no possible way mgk stands a chance with the greatest white rapper of all time. eminem killshots had more bars than rap devil and the reason mgk is doing all this is cause he not getting attention anymore til the release of rap devil and the disses he is putting on eminem. now rap devil was more fire than killshot so mgk might won the battle with rap devil but eminem won the war with killshot.