QUESTION 2) (30 pts) The following are examples of audit procedures: A. Compare a sales invoices with the sales journal for customer name, amount, and date. B. Obtain a written statement from a supplier stating that the client has $5,000 payable to them. C. Add the cash payment journal entries to determine whether they were correctly totalled. D. Count a sample of inventory items. E. Obtain a letter from the client's bank stating that the client has $10,200 on deposit F. Extend the cost of finished goods inventory times the quantity of finished goods inventory in the warehouse to test whether the amount on the balance sheet is accurate. G. Calculate gross margin as a test of overall reasonableness of gross margin relative to the preceding years. H. Watch employees count inventory to determine whether company procedures are being followed. Examine a piece of machine to make sure that a major acquisition was actually received. J. Calculate inventory cost to see whether FIFO method properly applied or not. REQUIRED: Classify each of the above items according to the eight types of audit evidence: (1) physical examination, (2) confirmation, (3) inspection, (4) analytical procedures. (5) inquiries of the client. (6) recalculation, (7) reperformance, and (8) observation. 1