Question: The following table lists audit procedures Please identify the type of audit evidence (1-8) collected t Please identify the audit objective (A-G) satisfied by .
The following table lists audit procedures Please identify the type of audit evidence (1-8) collected t Please identify the audit objective (A-G) satisfied by . satisfied by each audit procedure Audit Objective Audit evidence 1) Physical examination C. Classification 3) Inspection 4) Analytical procedure 5) Inguiry 6) Recalculation E. Detail tie-in 7) Reperformance 8) Observation (Choose one from 1-8) (Choose one from A f G Review the account receivable with the client credit manager to evaluate their collectability 2. Obtain the written statement from a bank stating that the client has $25,000 on deposit and liability of $5,000,000 bank loan Obtaining a letter from client attorney addressed to the CPA stating that the attorney is not aware of any existing lawsuit 10
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