1. Identify the substantive audit procedure involved in each statement. Some procedures are referenced more than once, some are not referenced at all, and some are referenced by negative examples. Enter ONLY the LETTER of the Correct Answer. 

   A. Inspection of Records or Documents E. Confirmation

   B. Inspection of Tangible Assets F. Re-calculation

   C. Observation G. Re-performance

   D. Inquiry H. Analytical Procedures

   1. The auditor determined that all depreciation amounts were accurately computed.

   2. The auditor verified the serial number on each airplane listed in the clients PP&E sub-ledger.

   3. The auditor discovered that some Sales Receipts were not sequentially numbered. 4. The auditor discovered that some Sales Receipts were not sequentially numbered. 5. Using video monitoring, the auditor discovered that cashiers were shortchanging customers. 6. The auditor asked the receiving clerk if any inventory had been missing from recent shipments. 7. The auditor determined that bank-verified account balances matched those in the clients records. 8. None of the internal auditors were willing to answer the auditors questions. 9. The clients losses from discontinued operations had not been tallied accurately. 10. The clients Net Income increased over the previous 5-year average by 156%.