Romaining Time: 1 hour, 35 minutes, 15 seconds Question Completion Status: QUESTION 35 Required: For each unique wenano below, identify the most adequate modit procedure being described (choose only one procedure) 1. Physically examine factory machinery to investigate the need for impairments or writ-offs 2. Calculate an employee's gross pay for the prior month by multiply the hourly rate times the hours worked. 3. Determine the ratio of cost of goods sold to sales as a test of overall reasonableness of gross margin relative to the preceding year, 4. Count inventory items, Identity goods in transit and consignment goods and determine the ending inventory balance to reconcile it with the recorded amount by the client S.Obtain a written ment from a customer regarding the amount due to the clients of year end 6. Review the deeds and title forms to establish whether the firm owns the rights to the long-term sets or are simply renting them. 7. You review a Trial Balance document prepared by management for unusual endling balances K. You will end the company's year end physical count of inventory, taking notes throughout the process 9. Discussed with the Chief Financial Officer (CFO) the approval process for purchases, For the toolbar, pro ALTF10 PC) or ALT-FNF10 Mac). B I WS Paragraph 14px I. XOOQ Numbered list 11 10 E. HE E Arial III r QUESTION 36 Click Save and submit to see and submit Click Save All Are to be all answer Save A Answer Clo