Consider the following $5$ unrelated audit tests which an auditor performed in conjunction with the examination of the financial statements of a client whose fiscal year ended December $31,2023.$

Required:

For each audit test, identify the management assertion, the type of evidence, the quality of evidence $($that is$,$ high, medium or low$),$ and provide a rationale for your choice. Assume the year end date is December $31,2023.$

A$.$ Send letters to several vendors, including a few for which the recorded accounts payable balance is zero, requesting them to inform us of their balance due from $123$ Company.

B$.$ Attend the year$-$end inventory count. While walking around look for any items that may have been missed during the count. For example, items located on top shelves

C$.$ Obtain contract terms for a vendor to determine when the company has fulfilled its obligation and compare to what has been recorded in the general ledger

D$.$ Obtain a list of expenditures relating to what is considered to be server hardware and development costs. After selecting a sample of expenditures, discuss with management whether the amounts have been properly recorded in the financial statements.

E$.$ Compare year over year changes to key accounts and flag accounts that have changed by more or less than $10\%.$

Use the following table format on the next $3$ pages for your answer.