Strapp LLP is auditing the Year 5 financial statements of Carfagno Inc., a publicly traded company.

Part 1:

Select the appropriate file for the documentation listed below that was obtained by Strapp during the Year 5 audit.

Documentation	File
10year lease contract for office building
Carfagno pension plan description
Year 5 working trial balance
Executive stock option agreements
Articles of Incorporation
Year 5 financial statements
Bank reconciliations
Minutes of the Board of Directors Meetings
Accounts receivable confirmations

Part 2:

Audit documentation must be provided to a third party, even without the permission of the client, in certain circumstances. Put a check mark in the box next to the circumstances in which Strapp could provide information from the Carfagno audit to a third party without Carfagnos permission.

Subpoenaed by a court Requested by Carfagno's attorney For investigation by the state board of accountancy Requested by Carfagno's bank in support of a loan in excess of $1,000,000 Requested by Carfagno's shareholders Requested by Strapp's attorneys if Strapp was sued by Carfagno

Part 3:

Below is a section of Carfagno's Furniture and Fixtures schedule. Furniture and Fixtures is depreciated by Carfagno using the straightline method over seven years. Marcus James, CPA, the senior auditor on the Carfagno engagement, used the tickmarks shown on the schedule to indicate the procedures that he performed during the audit.

Purchase Date	Description	Serial Number	Cost	Accumulated Depreciation	Net Book Value
7/1/Year 1	Conference room furniture	3457290	16,000 ()	10,285 ()	5,715 ()
1/1/Year 3	Staff cubicles	4578902	28,500 ()	12,214 ()	16,286 ()
1/1/Year 4	Executive office furniture	3290785	30,000 ()	8,571 ()	21,429 ()
Total			74,500 ()	31,070 ()	43,430 () ()

For each of the tickmarks shown in the schedule, identify the correct audit procedure from the dropdown menu in Column 2.

Select Item( Agreed amount to the subsidary ledger, cross footed, footed, recalculated, traced and agreed to support invoice)