Question 3 [10 Marks - 1/2 Mark each test] Listed below are assertions for transactions and accounts. Provide details of two completely different types of tests that an auditor can undertake to gain appropriate evidence about each assertion. TESTING AN AUDITOR CAN UNDERTAKE TO GAIN APPROPRIATE EVIDENCE ABOUT THE ASSERTION (i)) Existence of Inventory (ii) Rights and obligation of Accounts receivable (iii) Completeness of payroll expenses (iv) Cut-off of repairs and maintenance expense (v) occurrence of salesQuestion 3 [10 Marks - 1/2 Mark each test] Listed below are assertions for transactions and accounts. Provide details of two completely different types of tests that an auditor can undertake to gain appropriate evidence about each assertion. TESTING AN AUDITOR CAN UNDERTAKE TO GAIN APPROPRIATE EVIDENCE ABOUT THE ASSERTION (i)) Existence of Inventory (ii) Rights and obligation of Accounts receivable (iii) Completeness of payroll expenses (iv) Cut-off of repairs and maintenance expense (v) occurrence of sales