Complete the below table with the words High, Low, Medium, Varies, based on what you learned regarding the appropriateness of evidences: Appropriateness of Evidences Types of Evidences Independence of Provider Auditor's Direct Objectivity of Knowledge Evidence Physical Examination Confirmation Documentation Observation Suppose that you are doing an audit and obtain the following information about your client and it's industry: Client Industry 2009 2008 2009 2008 Inventory turnover 3.0 3.5 3.9 3.4 Gross margin percent 24.1% 26.4% 27.3% 26.2% Required: Explain how would you benefit from the above information to determine the NET of your audit? Place the following terms on the above figures 1. Audit services 2 Assurance services 3. Accounting and bookkeeping services Attestation services (a) 1. A departure from a promulgated GAAP 2. The auditor disagree with a disclosure 3. Report involving other auditors 4. Scope of the audit has been restricted by management Conditions Materiality Level Material e suitable audit opinion for each of the following conditions: Highly Material () (b) Immaterial Highly material Type Of audit Opinion (c)