For the following three specific audit procedures (a through d) perform the following: State the specific audit assertion associated with the audit procedure. For each specific audit assertion identified, state the type and quality of audit evidence required (low, medium or high). Explain why the evidence is the quality level you specify. d)Account for a sequence of sales receipts. Type of audit Applicable audit Reliability of evidence (High, evidence (with assertion (1/2 reason) (1/2 mark) mark) Medium or Low, with reason) (1 mark) 6 For the following three specific audit procedures (a through d) perform the following: State the specific audit assertion associated with the audit procedure. For each specific audit assertion identified, state the type and quality of audit evidence required (low, medium or high). Explain why the evidence is the quality level you specify. d)Account for a sequence of sales receipts. Type of audit Applicable audit Reliability of evidence (High, evidence (with assertion (1/2 reason) (1/2 mark) mark) Medium or Low, with reason) (1 mark) 6