1.An example of an internal control in the acquisition of goods is to ensure that all purchases are authorized.( True/ False)

2. Presentation and disclosure are not considered as management assertions relevant to cash. (True/False)

3.Recording all debt obligations and stock dividends satisfies to completeness assertion for debt. (True/False)

4.A debt amortization schedule prepared for each debt and equity is considered a good control. (True/ False)

5.Treasury stock transactions recorded in the wrong period impacts the existence assertion. (True/ False)