Match the audit procedure with the corresponding Management Assertion. A type of Management Assertion may be selected once or not at all.Review confirmations of liabilities to determine if receivables have been sold or factored.Existence and OccurrenceCompletenessCutoffRights and ObligationsPresentation and DisclosuresValuation, Allocation and AccuracyProvide a list of related parties to all members of the audit team to assist in identification of the transactions.Existence and OccurrenceCompletenessCutoffRights and ObligationsPresentation and DisclosuresValuation, Allocation and AccuracyThe auditor traced the inventory stored at outside locations to the inventory accounts.Existence and OccurrenceCompletenessCutoffRights and ObligationsPresentation and DisclosuresValuation, Allocation and AccuracyInvestigate the credit ratings for delinquent and large receivables.Existence and OccurrenceCompletenessCutoffRights and ObligationsPresentation and DisclosuresValuation, Allocation and AccuracyVouch sales and cash receipt transactions occurring near period end to validate transactions were recorded on correct period.Existence and OccurrenceCompletenessCutoffRights and ObligationsPresentation and DisclosuresValuation, Allocation and AccuracyConfirm a sample of receivables by direct communication with debtors..