purchase cycle. Bianca is very busy, so she only wants to use the effective audit. procedures that help address risk of material misstatements. She asks you to help with the following audit procedures: 1. Prepare and send a sample of confirmation letters to confirm balance with suppliers who do not have a balance. 2. Search and compare price of a sample of raw materials inventories on marketplace websites such as Amazon, eBay, and Kogan. 3. Inspect a sample of supplier invoices whether the word "paid" was stamped on invoices. (i) Identify a key assertion and its relevant account that Bianca plans to achieve from each audit procedure. (ii) Explain persuasiveness of audit evidence in terms of a risk that each audit procedure addresses and why