D. Leigh has prepared the analytical procedures based on the financial statements Crest Outfitters has provided. Tia has asked you (Rory) to review the analytical procedures and identify whether there are any ratios that indicate an account is at greater risk of misstatement. List three ratios and justify your choices. (approx. 150 words) Ratio interpretations WNP (3 marks, 1 mark for each) E. Tia has asked you to prepare the following table based on your output from before - refer to your brainstorming and assessment, and your analytical procedures from earlier. A risk may affect multiple accounts (remember that there are two sides to every transaction) and multiple assertions; alternatively, some risks may be broader (such as going concern). You can specify 1 account and 1 assertion for each risk you describe below. (approx. 100 words) Risk Description Account affected Assertion at risk 1 2. 3. 4. 5. (5 marks if each risk described is matched to an appropriate account and assertion, otherwise 0.5 marks for partially correct line items) F. Now that you've identified the significant risks for Crest Outfitters, you've been asked to document and explain your assessment of the overall inherent risk for the client. Remember that risk assessments are conducted on a scale of low, medium or high. (approx. 50 words) Re-assessing Inherent risk: a. Explanation: ? b. Level: ? (1 mark, 0.5 mark for each ?)