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2. PERT NETWORK. All audits have a critical path, but auditors seldom rec without the aid of network analysis. In the auditing of liabilities, the

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2. PERT NETWORK. All audits have a critical path, but auditors seldom rec without the aid of network analysis. In the auditing of liabilities, the follow estimated times have been identified: 1 Obtain schedule of liabilities Mail confirmations Process confirmations - Investigate debit balances Vouch selected liabilities Test accruals and amortization Test pension plan Reconcile interest expense to debt Verify debt restriction compliance

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