For each procedure, indicate the primary audit objective being satisfied:

1. Determine whether purchase orders are approved by system only for valid vendor numbers in vendor master file.

2. Examine purchase order for evidence of approval prior to ordering of goods.

3. Trace from receiving reports to recording in acquisitions journal.

4.Trace from entries in cash receipts journal to recording in the accounts receivable master file.

5. Send confirmations to a sample of accounts payable vendors with no balance or high volume of activity.

6. Perform alternative procedures for non-responses to accounts receivable confirmation requests.

7. Examine receiving reports and other supporting documents supporting acquisition transactions for evidence of cancellation.

8. Foot the accounts payable listing and agree the total to the general ledger.

Group of answer choices

Detail tie-in

Completeness transactions

Accuracy transactions

Timing

Posting and summarization

Existence

Completeness - balances

Accuracy - balances

Cutoff

Occurrence

Realizable value