Information Produced by the Entity (IPE) Complete the following table, indicating whether the item is an example of IPEfrom a transaction process and explain why or why not. IPE? Why or why not? Item Accounts payable listing Fixed asset rollforward A listing of invoices for goods and services A bankstatement Income tax reconciliation A bad debtreserve calculation Inventory and sales information that is used as the basis for determining the excess and obsolete inventory reserve An exception report A report of changes to payroll data A vendor invoice A list of product liability claims Headcount data used in a cost allocation model Legal contracts produced by a third party A payroll registerfrom a service organization that processes payroll for the entity NO NO