Check my w Required information Substantive Procedures for Debt Read the overview below and complete the activities that follow Debt transactions are often few in number but large in dollar amount. As such, auditors are generally able to substantiate individual transactions rather easily. CONCEPT REVIEW: In an integrated audit of debt, a greater number of transactions are tested using dual purpose tests than for other accounts. Dual purpose tests are tests of both controls and substantive tests done at the same time. The auditor typically performs traditional substantive tests including sending out confirmations and examining copies of notes payable Read the listing of substantive procedures for debt and match each with its appropriate primary audit objective. Examining copies of Prev 1 2 of 4 !!! Score answer > Co search Performing walytical procedures on debt and related accounts to ensure that all debt is property included in the period under sudit and that some notes have not been omitted Read the listing of substantive procedures for debt and match each with its appropriate primary audit objective. Examining copies of Evaluating whether the actual signed debt provisions and ote payable to Vouching borrowing Covenants have been confirming debt l determine the correct and repayment terms met dollar amount of the Ju l iability Presentation and disclosure Valuation Existen Completeness one Reset Prev 1 2 of 4 Score answer o search