Q5) Below are 10 audit procedures. Classify each procedure according to the following types of audit evidence: 1) inspection, 2) external confirmation, 3) recalculation, 4) observation, 5) inquiry of the client, 6) reperformance, and 7) analytical procedure. Type in the name of the type of evidence, not the number. Copy the following table into your Word document and use it for your answer. Type of Audit Procedures Evidence 1 1. Watch client employees count inventory to determine whether company procedures are being followed. 2 . 2. Count inventory items and record the amount in the audit working papers 3 3. Stand by the payroll time clock to determine whether any employee "punches in" more than one time. 4 4Calculate the ratio of cost of goods sold to sales as a test of overall reasonableness of gross margin relative to the preceding year. 5 5 Obtain information about the client's internal controls by asking questions of client personnel. 6 6. Trace totals from the cash disbursements journal to the general