For each possible risk listed below (possible errors & fraud), identify the assertion that we are concerned about with respect to revenues.

List of assertions:

Occurrence: All revenue and cash receipts transactions and events that have been recorded or disclosed have occurred, and such transactions and events pertain to the entity (sometimes referred to as validity).

Completeness: All revenue and cash receipts transactions and events that should have been recorded have been recorded, and all related disclosures that should have been included in the financial statements have been included.

Authorization: All revenue and cash receipts transactions and events have been properly authorized. Accuracy: Amounts and other data relating to recorded revenue and cash receipts transactions and events have been recorded appropriately, and related disclosures have been appropriately measured and described. Cutoff: All revenue and cash receipts transactions and events have been recorded in the correct accounting period.

Classification: All revenue and cash receipts transactions and events have been recorded in the proper accounts.

Presentation: All revenue and cash receipts transactions and events are appropriately aggregated or disaggregated and clearly described, and related disclosures are relevant and understandable in the context of the requirements of the applicable financial reporting framework.

1. Invoices for goods sold are posted to incorrect customer accounts.

Assertion:

2. Goods ordered by customers are shipped but are not billed to anyone.

Assertion:

3. Invoices are sent for shipped goods but are not recorded in the sales journal.

Assertion:

4. Invoices are sent for shipped goods and are recorded in the sales journal but are not posted to any customer account.

Assertion:

5. Credit sales are made to individuals with unsatisfactory credit ratings.

Assertion:

6. Goods are removed from inventory for unauthorized orders.

Assertion:

7. Goods shipped to customers do not agree with goods ordered by customers.

Assertion:

8. Customers checks are received for less than the customers full account balance but the customers full account balances are credited.

Assertion:

9. Different customer accounts are each credited for the same cash receipt.

Assertion: