The following are normal audit activities undertaken as routine in most audits: 1. Visit the client's main factory and check that the new $10 million manufacturing machine is installed and operational. 2. Discuss with the client's fleet manager about the security measures currently used to safeguard company cars and trucks. 3. Vouch a sample of borrowings to source documents for evidence that the amounts have been correctly recorded in the system. 4. For a sample of discounted sale transactions, calculate the discount amount and agree to client's calculation. 5. Obtain and check the fixed asset account reconciliation for evidence that the account balance is complete. 6. Obtain a listing of all creditors at balance date on an excel spreadsheet and check the top 50 for evidence that they have been correctly recorded. 7. Send a letter to the client's 50 most material creditors to confirm the outstanding unpaid invoices at year end. 8. Ask the accountant to show a sample of outstanding purchase orders on the computer screen, vouch to source documents for evidence that they have been properly authorised. 9. Request management to provide a written document confirming that they have prepared their financial statements in accordance with the requirements of accounting standards. 10. For a sample of goods returned from customers, check to confirm faults and damages on the goods as described in the supporting documents. 11. Vouch a sample of inventory recorded at cost to supporting documents for evidence that it is lower than net realisable value. 12. Multiply the hourly rate by the total hours worked for a sample of employee timesheets to determine whether employees have been correctly paid. 13. Trace a sample of delivery dockets to the system for evidence that raw materials purchased from suppliers have been recorded correctly in the system. 14. Discuss with the payroll manager the procedures required to re-employ employees who have previously left the company. 15. Vouch all new loans entered into by the client during the year to the Board meeting minutes for evidence that they have been authorised. Required: For each activity, state: a. The type of audit evidence it is an example of, and b. The type of audit test procedure it is an example of. You should present your answer in the following table format in your answer booklet: Activity No. Type of audit evidence Type of audit test procedure