find the relevant assertion picture #3 and the procedures #2

complete all parts of this task. Derek Smith, CPA has gathered the following information during the audit of Green Acres Fertilizer Inc. In column B, select one relevant management assertion for each item by clickin the associated cell and selecting from the option list provided. In column C, select the audit procedure(s) most likely to be performed by Derek to test that assertion by clicking in the associated cell and selecting from the option list provided. Up to three procedures can be selected. Not all procedures will be used and not all scenarios will have three procedures selected. 1 B Information 2. Relevant Assertio After reviewing the balance sheet and corresponding 3 documentation, Derek found that the inventory balance has increased significantly over the prior year. 4 O Confirmation Review of Subsequent Events O Independent Recalculations/Estimates O Vouching O Tracing O Cutoff Procedures O Analytical Review O Observation O Inspection and Examination O Footing O Review O Inquiry O Completeness O Cutoff O Valuation, Allocation, and Accuracy O Existence and Occurrence O Rights and Obligations O Understandability of Presentation and Classification