need help 3 questions plz thank you A copy of the Purchase Requisition form should be sent to the vendor to order inventory True False Which of the PCAOB assertions are best verified by the following audit procedures Reviewing inventory in the warehouse for obsolete, or inquiring about slow moving inventory Existence or Occurrence Rights and Obligations Valuation or Accuracy Completeness Cutoff Which of the following are fraud risks related to purchase of inventory (Select all that Apply) (More than one answer permitted) Price fraud The company employees negotiating too aggressively with vendors to get a price that is too low Kiting Transferring money between accounts or using the float period for a check to overstate the cash balance at year end Fictitious invoices Employees creating fake invoices from vendors to steal money from the company Kickbacks and bid rigging Employees receiving bribes to pick certain vendors

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need help 3 questions plz thank you A copy of the Purchase Requisition form should be sent to the vendor to order inventory  True False Which of the PCAOB assertions are best verified by the following audit procedures  Reviewing inventory in the warehouse for obsolete, or inquiring about slow moving inventory     Existence or Occurrence Rights and Obligations Valuation or Accuracy Completeness  Cutoff Which of the following are fraud risks related to purchase of inventory (Select all that Apply) (More than one answer permitted) Price fraud  The company employees negotiating too aggressively with vendors to get a price that is too low  Kiting  Transferring money between accounts or using the float period for a check to overstate the cash balance at year end  Fictitious invoices  Employees creating fake invoices from vendors to steal money from the company  Kickbacks and bid rigging  Employees receiving bribes to pick certain vendors

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need help 3 questions plz thank you A copy of the Purchase Requisition form should be sent to the vendor to order inventory. True False

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