5-21 (Substantive tests and audit evidence) In meeting the third standard of field work, the auditor may perform the following types of substantive tests: (a) tests of details of transac- tions, (b) tests of details of balances, and (c) analytical procedures. Below are listed specific audit procedures that fall within one of these categories. 1. Compare actual results with budget expectations. 2. Vouch entries in check register to "paid" checks. 3. Recalculate accrued interest payable. 4. Confirm customer balances. 5. Calculate inventory tumover ratios and compare with industry data. 6. Reconcile bank accounts at year-end. 7. Vouch sales journal entries to sales invoices 8. Count office supplies on hand at year-end. 9. Examine deeds of ownership for land purchased during year. 10. Obtain representation letter from management 11. Scan postings to repair expense for evidence of charges that should be capitalized. 12. Ask storeroom supervisor about obsolete items. REQUIRED List the numbers of the foregoing procedures. For each procedure, indicate the type of substantive test and the type of corroborating information obtained. Use the following format for your answers: Procedure to Type of Sole Test Type of Corroborating Information