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Requirements c. and d. For those procedures you identified as a test of control or substantive test of transactions, what transaction-related audit objective or objectives are being satisfied? For those procedures you identified as a test of details of balances, what balance-related audit objective or objectives are being satisfied? For those identified as analytical procedures, select "Not applicable". Objective(s) Audit procedure Foot the aged trial balance using audit software and compare the total with the general 1. ledger. 2. Match sales invoices with subsequent cash receipts using audit software. 3. Examine a sample of customer orders and see whether each has a credit authorization. Compare the date on a sample of shipping documents a few days before and after the 4. balance sheet date with related sales journal transactions. Compute the ratio of allowance for uncollectible accounts divided by accounts receivable 5. and compare with the ratio for previous years. Discuss with the sales manager whether any sales allowances have been granted after the 6. balance sheet date that may apply to the current period. Observe whether the controller makes an independent comparison of the total in the 7. general ledger with the trial balance of accounts receivable. Compare the date on a sample of shipping documents throughout the year with related 8. sales invoices and the accounts receivable master file. Accuracy Classification Completeness Cutoff Detail tie-in Existence Occurrence . . Posting and summarization Presentation Realizable value Rights Timing Not applicable

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