1. An auditor who wished to test for the Existence or occurrence of inventory would most likely select a sample of inventory items from the  Perpetual records and
a. Trace additions to the general ledger
b. vouch additions to receiving reports
c. vouch additions to sales invoices
d. Trace receipts to receiving reports

2. An auditor selected an invoice for a large inventory purchase and vouched the invoice to the receiving report. Which a SB transaction assertion is the auditor most likely testing?
a. occurrence
b. completeness
c. rights and obligations
d. valuation