You are the auditor of Sunbeam Ltd (Sunbeam), a manufacturer of electronic gadgets for home use. Sunbeam has a huge factory where all the products are manufactured. The factory also maintains a stock of electronic parts to be used in the manufacturing process.

You need to collect sufficient and appropriate evidence to support your audit opinion. As a result, you are considering using the following techniques to collect evidence:

1. Analytical review 2. Inspection 3. Enquiry

4. Recalculation Required:

1. (i) Explain each of the four techniques. (4 marks)

2. (ii) You must provide examples of how these techniques might be applied to the audit of Sunbeam Ltd.