Listed below are management assertions Match the management assertion that is most likely being tested. various related to inventory and cost of sales. A. Existence and Occurrence B. Rights and Obligations C. Completeness D. Valuation or Allocation E. Presentation and Disclosure 1. Recorded inventory exist. _ . All inventory have been recorded. 3. Inventory are recorded at the correct amounts. 4. All cost of sales transactions have been recorded. 5. Recorded cost of sales transactions have occurred. 6. There are no liens or other restrictions on inventory 7. Cost of sales have been recorded in the proper period. 8. Cost of sales transactions have been recorded at the correct amounts. -9. All required disclosures about cost of sales and inventory have been made. -10. Inventory are appropriately classified and described in the financial stateme