Izzie Company had a major sale to Truman Company. This sale accounted for 20% of the revenue of Izzie Company. The auditors performed the audit procedures listed 1-3. For each audit procedure select one of the following ASB transaction assertions that is most likely being tested.

A. Occurrence

B. Completeness

C. Cutoff

D. Accuracy

E. Classification

1. The auditor reviewed the shipping documents to check the date that product was shipped to Truman Company.

2. The auditor reviewed the shipping documents to ensure that all product included in the sales revenue to Truman had been shipped.

3. The auditor reviewed the invoice sent to Truman Company to ensure that Truman had been properly billed.

Assertion for #1 above_________________

Assertion for #2 above_________________

Asseriont for #3 above __________________