What is the neccessary audit procedure ( choices from 1 to 8 given below) should I apply on letters A thru E

The auditors have determined that each of the following objectives will be a part of the audit of SSC Corporation. While several procedures will ordinarily address an audit objective, select the procedure most directly related to the audit objective. Each procedure may be used once, more than once, or not at all.

Audit Procedures

1. Compare the recorded receivable total with recorded payables.

2. Obtain an understanding of the business purpose of transactions that resulted in accounts receivable balance.

3. Review drafts of financial statements. Disclosure.

4. Review board of director minutes for approval of each customers credit limits.

5. Review the aged trial balance for significant past due accounts.

6. Trace a sample of purchase invoices from the purchases journal to postings to accounts receivable and sales accounts.

7. Trace a sample of sales invoices from late in December to the sales journal and to postings in accounts receivable and sales accounts.

8. Vouch year-end accounts receivable balances to supporting documents. Existence, Rights

AUDIT OBJECTIVES

A. All receivables that should be recorded are recorded as of year end. _________

B. Recorded receivables are at net realizable values. __________

C. Recorded receivable exist. _________

D. The client has rights to recorded year-end receivables, __________

E. The presentation and disclosure of receivable are adequate. _________