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5-29 (otectives 5.4, 5-7) The following are spealie thancaction-related audit objectives applied to the audit of cash disburscnent transactions (a. through f), management asserthons about
5-29 (otectives 5.4, 5-7) The following are spealie thancaction-related audit objectives applied to the audit of cash disburscnent transactions (a. through f), management asserthons about classes of trancactions and cvents and related disclosures (11 through 6), and general trancaction-rdated audit obicctives (7 though 13). Specifc Transactlon-Related Audit Objective a. Existing cash dishursement transactions are rccorded. b. Recorded cath disburcment trancactions are for the amount of goods or services recived and are corrcctly reconded. c. Cach disbursenent transactions are properly induded in the accounts payable master file and are corecty summarized. d. Recolded cah dishuriements are lor goodi and sernces actually rechivd. c. Cashdithursmciltransactions are properly chaseficd. 1. Cadidurrenent transationt are rowerded on the torrect dotes. Management Awertimabout clawered Generilianacton-Reluted Transactons Audit Objectire 1. Ocruinaties 7. Oreramies 2. Ceryplanewing 4. fuathid haces 1. Areuracy 4. Climilication. 10. What wint wimhurkation 5. (uaniti IH I han hatintin 6. Presmation 1. Tinnine agement atertikin. 6. For cach specilic trencion-rdaced audi obicctive, Adentify ahe appropeiute genctal tranaction-rclated audit obiccthe
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