For each of the audit procedures listed below: What is the audit objective?

1. The auditor is concerned that there are sales transaction recorded which have not been earned yet.

2.The auditor is concerned that items shipped may not have been recorded.

3.The auditor is concerned that there are many accounts receivable balances that are over 2 years over due and may not be paid.

4.The auditor is concerned that there is inventory in the warehouse that is not owned by the company

5.The auditor is concerned that the expenditures for this fiscal year have been recorded in last year's financial statements