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From the list of assertions provided, select the relevant assertion(s) to each control objective. There are controls in place to ensure that fictitious or duplicate
From the list of assertions provided, select the relevant assertion(s) to each control objective. There are controls in place to ensure that fictitious or duplicate transactions are not included in the books and records of the organization. O accuracy accuracy, valuation and allocation O cut-off Orights and obligations existence O completeness O classification U occurrence There are controls in place that will prevent or detect the omission of transactions from the books and records of the organization. O cut-off existence occurrence accuracy O classification O accuracy, valuation and allocation O completeness Orights and obligations There are controls in place to ensure that the correct amounts are assigned to the transactions. O cut-off o completeness O accuracy, valuation and allocation Orights and obligations existence occurrence accuracy O classification There are controls in place to ensure that transactions are charged and allocated to the correct general ledger account. O accuracy, valuation and allocation occurrence O completeness cut-off rights and obligations o existence accuracy classification
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