Tests and Internal Controls

Financial Statement Area	Test: Substantive Procedures to be Tested	Key Internal Control
Long-Term Debt Obligations	[Identify a test for this substantive procedure.]	[Identify one key internal control.]
Accounts Payable	[Identify a test for this substantive procedure.]	[Identify one key internal control.]
Inventory	[Identify a test for this substantive procedure.]	[Identify one key internal control.]
Accounts Receivable	[Identify a test for this substantive procedure.]	[Identify one key internal control.]
Cash	[Identify a test for this substantive procedure.]	[Identify one key internal control.]
Fixed Assets	[Identify a test for this substantive procedure.]	[Identify one key internal control.]