(e) 1'r'ulhich assertions are the most appropriate for the following audit procedures and the related accounts. Inquire if Cloud 9 has legal title to all inventory i) Inventory items being shipped to the entity at year end and Rights 8: Obligations inspect supporting documentation. Inspect inventory items included on the stocktake ii) Inventory listing are located at the warehouse, in transit or located at the retail store. Select inventory items from the physical stock are \"1} Inventory included on the Balance Sheet. Test the posting of purchases of inventory to the inventory records to ensure the dollar amount is correct. Purchase Scan transactions to determine that purchases are recorded correctly in accordance with the chart of accounts. vi) lnven to Observe the physical inventory to look for I]? obsolete or damaged items. Purchase