1) Auditor tests of the physical controls over A) observation and confirmation C) inquiry and reconciliation B) observation and D) observation and reconciliation 2) Which one of the following analytical procedures would be most useful in alerting the auditor to the possibility obsolete inventory? A) Comper CC margs percentage with previous years inventory over ratio with previous years B) Compare unit costs of inventory with previou D) Compare current year manufacturing costs w ulation for testing, then we can say that the auditor c