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6. To verify the existence assertion for inventory, the auditor should trace from the: Please add checkmark next to the correct answer(s). 1 inventory master

6. To verify the existence assertion for inventory, the auditor should trace from the:

Please add checkmark next to the correct answer(s).

1 inventory master file to the inventory count sheets (or inventory tags).

2 year-end inventory list to the inventory count sheets (or inventory tags).

3 inventory count sheets (or inventory tags) to vendors invoices.

4 year-end inventory list to the inventory master file.

5 inventory count sheets (or inventory tags) to the year-end inventory list.

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