1. fill in the blanks (auditing & accounting)

A. _______ handles the exchange of shares, canceling the shares surrendered by sellers and issuing new certificates to buyers.

B. Selecting inventory from locations on the warehouse floor, obtaining a test count, and tracing the count to the final inventory compilation produces evidence for the _______ ASB balance assertion.

C. The physical observation procedures for inventory are principally designed to audit for the balance assertions of _______ , _______ , and _______ .

D. A sample from the source documents meets the _______ requirement to determine whether transactions were actually recorded in the inventory records.

E. _______ of securities can prevent the use of company securities as _______ for personal loans.