Described below are potential financial statement misstatements that are encountered by auditors in the audit of inventory and cost of goods sold. a. Management of a chain of discount department stores systematically overstates inventory quantities at selected locations. b. Accounting personnel of a manufacturing company make computational errors that understate the production costs of certain inventory items. c. Management of a computer reseller overstates inventory value by failing to recognize the loss in value of certain inventory items that are obsolete. d. Production personnel for a high-tech manufacturing company include in inventory items that failed to meet essential quality standards. For each misstatement, describe the substantive auditing pr