An Engagement supervisor has asked the audit senior to perform the following procedures related to an engagement. For each procedure listed, identify the financial statement assertion being tested by selecting the appropriate option from the list provided. Each item is used only once.

- A. B. C. D. E. F. G. H.	Trace beginning balances for inventory to prior year’s audit documentation.
- A. B. C. D. E. F. G. H.	The assistant noted on a cash confirmation from a bank that there was an outstanding short term loan a December 31, which was not recorded by the client.
- A. B. C. D. E. F. G. H.	The assistant found a number of shipping documents for which there were no related sales invoices.
- A. B. C. D. E. F. G. H.	The assistant selected several older assets from the client’s asset ledger, but was unable to locate those asses for physical inspection. The accounting manager indicated that the assets had been disposed of during the year.
- A. B. C. D. E. F. G. H.	The assistant noted that the accounts receivable subsidiary leger does not reconcile with the control account due to a transposition error. In posting to the subsidiary ledger, $4,293 was inadvertently posed as $4,239.
- A. B. C. D. E. F. G. H.	Determine the presentation and disclosure of receivables are adequate.
- A. B. C. D. E. F. G. H.	Examine consignment agreements.
- A. B. C. D. E. F. G. H.	Observe procedures, including segregation of duties, or approving sales orders.

A.	Occurrence
B.	Completeness (account balances)
C.	Existence
D.	Accuracy
E.	Accuracy and valuation
F.	Presentation and disclosure
G.	completeness (transactions and events)
H.	Rights and Obligations