Described below are potential misstatements encountered by auditors. Inventory is understated because warehouse personnel overlooked several racks in taking the physical inventory. Inventory is overstated because warehouse personnel included inventory' items received after year-end while recording the purchase in the subsequent year to hide inventory shortages. Inventory is overstated because management instructed computer personnel to make changes in the file used to price inventories. Required: For each misstatement, identify whether it was an error or fraud, the type of controls that would prevent or detect it, and the substantive procedures that the auditors might use to detect it. Organize your answers as follows