Auditors are responsible for evaluating the reasonableness of accounting estimates made by management. All of the following are procedures used by auditors to evaluate estimates except Examine payments from customers subsequent to the balance sheet date to determine reasonableness of allowance for bad debts. Examine details of the aging of accounts receivable compared to previous years aging and examine past due accounts that were not paid subsequent to the balance sheet date. Examine disparities between estimates of costs to complete a contract and past performance on contracts in the construction industry. Examine large increases in year-end sales related to bill and hold transactions.