You are planning the audit of the Pagemate Company's inventory. Pagemate manufactures a variety of office equipment.

Required
Describe how each of the following procedures could be used in the audit of inventory and the related assertion(s) it tests:
Procedure How used Assertion(s) tested
Observation
Physical Examination
Inquiry
Confirmation
Examination of Documents
Recomputation
Reprocessing
Vouching
Analytical Procedures