PLEASE USE THE FOLLOWING BALANCE-RELATED OBJECTIVES TO ANSWER THE REMAINING QUESTIONS 9 and 10. A B D E F G H I Objective Existence/occurrence Completeness Accuracy Detail Tie-in Classification Cutoff Realizable value Presentation Rights / Obligations 9. The following situations (errors) were not discovered by an inexperienced staff auditor in the audit of the Barndt Corp. 1 2 3 4 5 6 7 8 9 Several accounts were incorrectly aged in the client's aging schedule. Goods billed were not shipped. Some year-end sales were recorded in the wrong accounting periods. Several sales were posted for the correct amount but to the wrong customers in the accounts receivable ledger. The allowance for uncollectible accounts was understated. Several sales were entered and posted at incorrect amounts. Mathematical errors were made in totaling the accounts receivable ledger. An unrecorded sale at the balance sheet date was collected in the next month. Several fictitious sales were recorded. The pledging of some customer accounts as security for a loan was not reported in the balance sheet. Some year-end cash receipts were recorded in the wrong accounting period. 10 11 Required. a) Utilizing the following table for your answers, identify one substantive test that should have detected each error. b) For each substantive test identified in (a) above, indicate the balance-related audit objective to which it pertains. Substantive Test Objective 2 3 4 5 6 7 8 9 10 11