Which assertions are the most appropriate for the following audit procedures and the related accounts Accoun Audit Procedure Assertion Inquire if Cloud 9 has legal title to all inventory Inventory items being shipped to the entity at year end and Rights & Obligations inspect supporting documentation Inspect inventory items included on the stock -take "1 ) Inventory / listing are located at the warehouse , in transit or located at the retail store Select inventory items from the physical stock are 1 1 1 ) Inventory included on the Balance Sheet IN ) Purchase Test the posting of purchases of inventory to the inventory records to ensure the dollar amount is correct Scan transactions to determine that purchases are 4 ) Purchase recorded correctly in accordance with the chart of accounts Observe the physical inventory to look for vi ) Inventory I obsolete or damaged items