All sales, cash receipts, and sales adjustments are accurately valued using GAPP and correctly journalized, summarized, and posted. These actions are transaction objectives for:

Aoccurance

Baccurancy

Ccutoff

Dcompleteness

The two main sections of the AICPAs Code of Professional Conduct are:

AInterpretations of the Rules of Conduct and Ethics Rulings.

BPrinciples and Rules of Conduct.

CPrinciples and Ethics Rulings.

DRules of Conduct and Interpretations of the Rules of Conduct.

The specific account balance audit objective, the entity owns or has rights to all recorded plant assets at the balance sheet date, relates to the:

Acompleteness assertion.

Bexistence or occurrence assertion.

Cvaluation or allocation assertion.

Drights and obligations assertion