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Answer the following questions Question 1: (C1&C2&C3) Read the following statements carefully: 1. Compute and Compare Gross profit rate for the current year and preceding

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Answer the following questions Question 1: (C1&C2&C3) Read the following statements carefully: 1. Compute and Compare Gross profit rate for the current year and preceding year. 2- Vouch sales journal entries to sales invoices. I 3. Recalculate the allowance of Accounts receivables. 4- Confirm customers balances. 5. Compare inventory turnover with industry data. 6- Reconcile bank accounts at year end. 7- Trace sales invoices to account receivable ledger. 8- Count Inventory quantities include all products, materials, and supplies on hand. Instructions:- Indicate the type of Substantive Test for each statement

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