3. Which of the following tasks can be performed by generalised audit software (GAS)? a) The aging of the accounts receivable sub-ledger. b) Checking the adequacy of the going concern assumption by applying the criteria in ASASW. c) A determination of whether any debits to the research and development asset account should be expensed rather than capitalised. d) Ascertaining the adequacy of the useful lives of depreciable assets by examining their physical state. A? 18. Which of the following subsequent events will be least likely to result in an adjustment to the financial report? a. Receipt of new information affecting the realisation of accounts receivable owned as of the balance date. b. A material increase in company gold reserves based on new exploration drilling carried out after balance date. c. Receipt of new information affecting the realisation of inventories owned as of the balance date. d. Material changes in the settlement of a liability which was estimated as of the balance date. B? 19. Sunrise Ltd's directors decided, on 1 July 2008, to issue $100 million in new shares, increasing the issued capital to $250 million. How should this event be treated in the 30 June, 2008 financial report? a. Disclosure in a footnote to the financial report. b. No disclosure or adjustment necessary. c. Disclosure by means of supplemental, pro-forma nancial information. d. Adjustment of the financial report. A