The following scenario relates to questions 6 - 10 Porthos, a limited liability company, is a retailer of sports equipment, specialising in racquet sports such as tennis, squash and badminton. The company purchases equipment from a variety of different suppliers and then resells this online. The company has over 150 different types of racquet available in inventory, each identified via a unique product code. Customers place their orders directly on the company website. Most orders are for one or two racquets only. The ordering/sales software automatically verifies the order details, customer address and credit card information prior to orders being verified and goods despatched. The integrity of the ordering system is checked regularly by ArcherWeb, an independent internet service company. You are the audit manager working for the external auditors of Porthos, and you have just started planning the audit of sales. You have decided to use CAATs in auditing the sales account. 6 You have identified the key steps to be taken in planning the application of CAATs, as follows: (1) Define the types of transactions to be tested (2) Set the objective of the CAAT application (3) Define the procedures to be performed on the data (4) Determine the content and accessibility of the entity's files Which of the following identifies the correct order in which the above steps should be performed?