For each of the following statements, identify the audit assertion that it relates to:

a. Inventories are recorded at the lower of cost and net realizable value.

b. There is no inventory on consignment.

c. All asset additions during the year have been recorded.

d. All inventory purchases are recorded in the correct period.

e. All equipment is in use at the end of the year.

f. Inventories include all materials, products, and supplies on hand at the end of the period.

g. All finance leases are disclosed.