Need assistance with the following audit inventory issues question:

If the auditor concludes that the client's inventory turnover ratio is LOWER than the industry average, this could mean that a. inventory may be slow moving or obsolete b. The client's "days of inventory on hand" will be lower as well c. both of the above d. neither of the above QUESTION 2 The auditor is required to observe the client's process of taking a physical inventory. The client will often use inventory "tags" for the purpose of a. noting the quantity and description of the various inventory items. b. compiling the inventory listing. c. Both of the above d. Neither of the above QUESTION 3 S6 each in May and 10 items @\$7 each in October. During 2020 they sold 85 items. What is the value of the inventory of widgets at December 31,2020 ? a. $60 b. $105 c. $81 d. $100 e. Cannot determine based on the information presented. a. 57,500 b. $11,400 c. $11,400 less 15% or $9,690 d. 511,400 less (15%+33%) or 55,928 e. $8,000 QUESTION 5 a. 57,500 b. 511,400 c. 511,40015% or $9,690 d. $11,400(15%+33%) or $5,928 e. $8,000 QUESTION 6 a. 57,500 b. $11,400 c. $11,400 less 15% or $9,690 d. S11,400 less (15%+33%) or $5,928 e. $8,000 the "market" of item XX for determining the lower of cost or market pricing test? a. $7,500 b. $11,400 c. $11,400 less 15% or $9,690 d. 511,400 less (15%+33%) or $5,928 e. $8,000 QUESTION 8 Which of the following disclosures would NOT be considered appropriate for ANA? a. Disclosures of unusual writedowns of inventory b. Disclosure of the components of inventory in raw materials, work-in-process and finished goods c. Disclosure of the cost method d. None of the above, i.e., all of the above would be disclosed in the notes to ANA's financial statements