To support financial statement assertions, an auditor develops specific substantive procedures to satisfy or address each assertion. Required: tems (a) through (c) represent assertions for the property and equipment accounts. Select the most appropriate audit procedure from the dropdowns to address the following assertions. (An audit procedure may be selected once or not at all.) To support financial statement assertions, an auditor develops specific substantive procedures to satisfy or address each assertion. Required: tems (a) through (c) represent assertions for the property and equipment accounts. Select the most appropriate audit procedure from the dropdowns to address the following assertions. (An audit procedure may be selected once or not at all.)