The auditor determines that both of the following objectives will be part of the audit of Anthony Company. For each of the following audit objectives, select the substantive test that would most likely provide support for the objective. A substantive test may be used once, more than once, or not at all.

	Objective	Substantive tests
1.	Verify existence of accounts receivable.
2.	Determine that accounts receivable are valued at their net realizable value.
3.	Determine that proper receivable disclosures are presented.

Selection List

A. Perform tests of subsequent cash receipts after the balance sheet date.
B. Review and assess an aging schedule of accounts receivable.
C. Compare recognized revenue to related industry statistics.
D. Tour the storage facility for inventory to determine adequacy of security controls.
E. Perform receiving cutoff procedures.
F. Review payments to vendors subsequent to year-end.
G. Read the financial statements (including notes) for completeness.