Principle of Auditing

Please solve all the questions with a conscience, I want to get a final mark and I will pray for you

1. A. During the audit, Mr. Abdulla, the auditor for Lazsau SAOG identified the following important areas to examine and collect sufficient appropriate audit evidences to express an opinion. A. There are different types of long-term assets and each type of assets are valued at different rates of depreciation as per the accounting principles. Valuation of the assets needs to be examined for fairness. B. Balance of the accounts receivables needs to be verified. C. A transaction relating to cash received from a customer is suspicious and needs critical examination. D. The control manual of Jazeera provides that every bill paid on behalf of the company, exceeding OMR 100 must be signed by the section manager and the finance director. E. The accounting policies of Jazeera uses LIFO method for valuation of inventories of raw- material and cost or Net Realizable Value for finished goods. F. Invoices paid after 10 days of the sale on credit are not offered any discount while a cash discount of 2% is allowed if paid within 10 days. In each of the above cases, State the appropriate audit test (Test of Control/Substantive test and the specific test (Document Trial, No trial, Test of Details, Test of transaction, Test of Balance, Analytical procedure)