Test and to 3. State appropriate audit procedure for the following. Problem Type of Test Name of the Particular (Test of Control/Substantive) 1. The auditor has a doubt that the total of debtors' amount was overstated. In order to verify the assertion, he compares the total debtors with other relevant information from financial statements. 2. To collect evidence on a suspicious purchase transaction confirm whether or not the transaction has been properly processed and recorded in the books of accounts. 3. To test whether the total amount of fixed assets is correct by verifying the schedule of fixed assets. 4. To verify whether the payments for expenses above certain limit are made according to the procedures laid down in the rules and guidelines. 5. The auditor is suspicious about the balance of a particular customer's account and wants to verify the same. (7.5 Marks)