D Question 3 1 pts Enquire of the Warehouse Manager whether the company has any inventory in the warehouse that is on consignment from a vendor. What assertion is applicable in this situation? [ Select ] D Question 4 1 pts Ensure that proper disclosure has been made of the contingent liabilities. What assertion is applicable in this situation? [ Select ] D Question 5 1 pts Compute the "inventory" turnover ratio and compare it to the prior year, to the industry average, and to the budget. Take special notice if the current year ratio is much lower than the comparisons. What assertion is applicable in this situation? [ Select ]Question 6 1 pts Legal fees incurred throughout the year are recorded in "Professional Fees Expenses"I and excluded from "Repairs and Maintenance Expenses." What assertion is applicable in this situation? [Select] V Question 7 1 pts Recorded "sales" are for actual shipments made to legitimate customers. What assertion is applicable in this situation? [SBIEI'i] V Question 8 1 pts "Expenses" that were incurred just prior to year-end and just after year-end have been recorded in the proper period- What assertion is applicable in this situation? [Salad] V