2. (5 marks) For each scenario listed below indicate whether the ADA is a risk assessment procedure, a test of control, a substantive analytical procedure, or a substantive test. Scenario 1: Analyzing the miscellaneous expense account for large, unusual transactions Scenario 2: Testing purchase order authorization limits by comparing purchase orders to the pre-authorized limits for various suppliers Scenario 3: Calculating expected rental revenue by using average rent and number of units rented to actual rental revenue Scenario 4: Testing outstanding cheques on the bank reconciliation to determine if cheques were cashed after the end of the period Scenario 5: Testing the balance in accounts receivable by matching invoices to cash received Answer: Scenario risk assessment procedure, a test of control, a substantive analytical procedure, or a substantive test 1 2 3 4 5