For the upcoming audit engagement of Berkowe Ltd, based in Hobart, Tasmania, the auditor has planned the following audit procedures:

(a) Comparing salaries and wages expense with the prior year and ensuring that major changes are reasonable and also, consistent with your current knowledge of the business operations of Berkowe Ltd.

(b) Checking the average cost prices of inventory items, which are listed in the year-end inventory ledger to the detailed standard costing records.

(c) Vouching credit sales to the receipts’ book to ensure that details, in particular dollar amounts, are recorded correctly.

(d) Reviewing the repairs and maintenance account, paying particular attention to items that should have been capitalized. 

Required:

Explain the purpose of each of the audit procedures listed above, (a) – (d), include a relevant financial report assertion in your response and determine whether sampling could be used to conduct each of the audit procedures listed above (a) – (d).