Problem 8 Auditors are normally concerned about the completeness assertion related to accounts payable. a. Why is this assertion usually of more concern than the existence assertion? b. Describe four audit procedures that auditors use to provide evidence that the recorded accounts payable is complete. Problem 9 Auditors must be concerned with events that occur after the balance sheet date. a. Why? b. What responsibility does the auditor have to detect subsequent events? In your answer, discuss the relevance of the audit report date. c. Identify five procedures auditors commonly use to search for subsequent events. Problem 10 Snider & Suwaileh, CPAs, are group auditors for Valencia Corporation. One of the subsidiaries of Valencia, Wilson Manufacturing Co., is audited by Weller & Adams. a. Should Snider & Suwaileh modify their audit report to reference their reliance on the work of Weller & Adams? b. What procedures should Snider & Suwaileh perform with respect to Weller & Adams' audit