Required For each unique scenario below, identify the most adequate lit procedure being described (choose only one procedure)

1. Count inventory items, idennify goods in transit and consignment goods and determine the ending inventory balance to reconcile it with the recorded wmount by the client.

2. Obtain a wrimen statement from a customer regarding the amount due to the client as of year-end 3.

Review the deeds and title forms to establish whether the firm owns the rights to the long-term assets or are simply renting them 4.

You review a Trial Balance document prepared by management for unusual ending balances 5.

You attend the company's year-end physical count of inventory, taking notes throughout the process

6. Discussed with the Chief Financial Oficer (CFO) the approval process for purchases .

7. Physically examine factory machinery to investigate the need for impairments or writ-offs.

8. Calculate an employee's gross pay for the prior month by multiply the hourly rate times the hours worked

9. Determine the ratio of cost of goods sold to sales as a test of overall reasonableness of gross margin relative to the peeceding year