1) In performing substantive procedures in confirming debt all of the following audit objectives are sought except : a) existence b) completeness c) mere valuation d) cutoff 2) Which of the following is not a primary objective in the audit of interest -bearing debt ? a) determine that the presentation and disclosure of interest bearing debt is appropriate b) determine that debt is properly valued c) establish the completeness of recorded interest bearing debt d) establish the legality of outstanding debt