right Enterprises is being audited by Bright External Auditors. The lead partner on the audit engagement has assigned the task auditing the inventory accounts to a senior manager employed by the audit firm. After conversations with the internal audit taff, the senior manager is concerned about the client's net realizable value of inventory on hand and has decided to employ an ADA (Audit Data Analytics) procedure to investigate any items of inventory that may be taking unusually long to sell. In this context, the best application of an ADA risk assessment procedure would be Required: Determine whether each phrase that follows correctly fills in the blank above by selecting "Yes" if you believe that the phrase does indeed correctly complete the sentence or "No" if you do not. Consider each phrase independently_from the others. As a result, one phrase may be correct, two or more phrases may be correct, or no phrases may be correct. to investigate the inventory account in the search for anomalies warranting further investigation, which may require a markdown of particular items to lower of cost or net realizable value to examine a sample of inventory items that the external auditor suspects may be anomalous, and document any low turnover items as proof that these items must be marked down to investigate a population of inventory items to ensure that all items are appropriately valued and marked down as may be necessary as a substantive procedure conducted and documented by the internal audit function, with the management for review