receiver's memo with the information that is normally on a regular purchase order (e.g goods, supplier's name, quantity purchased) to let the shipper/receiver know that good for which the regular documentation may not be ready in time. Question 2 (18 marks) The purpose of substantive testing is to verify the assertions made by management in t statements. Consider the following unrelated audit tests, which a CPA performed for th financial statements of a client with a fiscal year-end of December 31, 2017. Required For each of the six audit procedures listed below, identify the primary management ass tested and the account balance being verified, name the specific audit procedure being the quality of the audit evidence obtained (high, moderate, or low), explaining why the quality level you specify. Organize your answer with these headings: Situation Identify the primary Name the specific State th management assertion |audit procedures being aud and the account used (% mark each) obt balance being verified mode (1 mark each) expla evident level mark and 1 ex Sent positive confirmation requests to a sample of customers with unpaid balances at December 31. 2017