130. 5-28 (OBJECTIVES 5-8, 5-10) The following are specific balance-related audit objectives applied to the audit of accounts receivable (a. through i.) and management assertions about account balances (1 through 6). The list referred to in the specific balance-related audit objectives is the list of the accounts receivable from each customer at the balance sheet date. Specific Balance-Related Audit Objective a. There are no unrecorded receivables. b. Uncollectible accounts have been provided for. c. Receivables that have become uncollectible have been written off. d. All accounts on the list are expected to be collected within one year. e. The total of the amounts on the accounts receivable listing agrees with the general ledger balance for accounts receivable. f. Accounts receivable are appropriately aggregated and clearly described in the fi- nancial statements. g. All accounts on the list arose from the normal course of business and are not due from related parties. h. Sales cutoff at year end is proper. i. Receivables have not been sold or discounted. Part 2 / THE AUDIT PRO Management Assertion About Account Balances 1. Existence 4. Classification 2. Completeness 5. Rights and obligations 3. Accuracy, valuation, and allocation 6. Presentation For each specific balance-related audit objective, identify the appropriate management as- sertion. (Hint: See Table 5-5 on p. 142.) 0.90 ADIECTIVET Required