Question 2 (16 marks) For each of the following situations: (a) identify the most relevant control activity, (b) identify the most relevant general audit objective(s) for the control activity, (c) design an appropriate test of control for the control activity, (d) choose one of the general objectives identified in (b) and design an appropriate substantive test for the general objective. Please note: Choose a substantive test that produces reliable evidence. Do not use analytical procedures unless an accounting estimate is involved. Do not use audit procedures that produce unreliable evidence. (16 marks) (1) All expenditure must be approved by the audit client's Finance Manager. (2) Customers are randomly asked by sales assistants to have their bags checked when going out of a store. (3) The sales computer system automatically checks whether the sales quantity inputted is negative and an error message is shown on the computer screen. (4) Senior accounting staff regularly selects a sample of sales invoices to check whether all related cost of goods sold expenses have been recorded in the accounting system. Question 2 (16 marks) For each of the following situations: (a) identify the most relevant control activity, (b) identify the most relevant general audit objective(s) for the control activity, (c) design an appropriate test of control for the control activity, (d) choose one of the general objectives identified in (b) and design an appropriate substantive test for the general objective. Please note: Choose a substantive test that produces reliable evidence. Do not use analytical procedures unless an accounting estimate is involved. Do not use audit procedures that produce unreliable evidence. (16 marks) (1) All expenditure must be approved by the audit client's Finance Manager. (2) Customers are randomly asked by sales assistants to have their bags checked when going out of a store. (3) The sales computer system automatically checks whether the sales quantity inputted is negative and an error message is shown on the computer screen. (4) Senior accounting staff regularly selects a sample of sales invoices to check whether all related cost of goods sold expenses have been recorded in the accounting system