QUES'I'IGH E You are currently part of the audit team that is conducting the audit of Motorcycles Ltd {Easy Rider]: forthe year ended 313 June 2016. Easy Rider is a of customised luxury high performance motorcycles. Your audit manager has oversee the audit of Easy Rider's inventory account balance, which is highly m Rider maintains details of stock quantities on its computer system. These sto are updated from goods received notes and sales invoices. Due to the natu product, Easy Rider holds a large number of highly specialised component pa there is no secondary market. Easy Rider conducts a 'walltowall' count whereby all operations cease and they count all inventory in a single stocktake. Required: {3] Identify the two key assertions at inherent risk of misstatement for inventory, and explain the reasons why. { {b} Outline an audit program of substantive testing to be conducted on t account of Easy Rider. Provide a brief reason for each audit procedure marks]