$7$

To verify the existence assertion for inventory, the auditor should trace from the:

Please add checkmark next to the correct answer$($s$).$

$1$ inventory master file to the inventory count sheets $($or inventory tags$).$

$2$ year$-$end inventory list to the inventory count sheets $($or inventory tags$).$

$3$ inventory count sheets $($or inventory tags$)$ to vendors$$ invoices.

$4$ year$-$end inventory list to the inventory master file.

$5$ inventory count sheets $($or inventory tags$)$ to the year$-$end inventory list.