6. Discuss the probability of losing an ongoing court case and the likely compensation amount with the client's legal counsel. 7. Select samples of payroll records and compute the overtime payment. 8. Observe the endorsement of incoming checks by the accountant. 9. Interview the sales manager and the credit manager to understand if there is a segregation of duties between the credit-granting function and the sales function. 10. Divide individual manufacturing expenses by total manufacturing expenses and compare the results with those in previous years to check for unusual fluctuations. Required: Identify the type of evidence for each procedure using the following table: inspection of asset, confirmation, inspection of documents, analytical procedures, inquiries, recalculation, reperformance, and observation. (10 marks) Audit Procedures (list out the item numbers) Answer 1 2