Select from the list provided the substantive audit procedure that most effectively tests each assertion about noncurrent debt. You may only select one audit procedure for each item. If you select more than one audit procedure you will lose a point for each extra audit procedure selected.

Assertion

1. Occurrence

2. Cutoff

3. Accuracy

4. Classification and

Understandability

5. Valuation and allocation

6. Completeness

7. Existence

8. Rights and obligations

Substantive audit procedures

a. inspect disclosures

b. perform analytical procedures

c. request information from the SEC

d. trace dividend revenue

e. test amortization

f. make inquiries of management

g. consider year-end transactions

h. examine bond indentures

i. vouch to contracts

j. confirm debt

k. recompute interest revenue