QUESTION 19 An example of a substantive test on the Rights assertion would be: O a Procedure to determine whether the long-lived asset balance is reflected on the balance sheet in the noncurrent section b Procedures related to property, plant and equipment to determine if the assets havebeen pledged as collateral or title has transferred O Reconciling the physical asset inventory with the property ledger on a periodic basis Od Sample of asset disposals and examines the sales documentation evidencing disposal of theequipment and recomputes gain or loss on the disposal QUESTION 20 Which of the following procedures is the most efficient way to help the auditor identify if there is any new litigation pending against the audit client Review of public databases Review company payables at year-end Look at the prior year financial disclosures Examine the client's legal expenses