NAPP 1. The following are transactions-related audit objective, specific transactions related audit objective, and management assertion. For each one, Identify ONE transactions. related audit objective and its related management assertion. (Use the table below) Transactions related audit objective are: 1) Occurrence. 2) Completeness, 3) Accuracy. 4) Classification, 5) Timing, 6) Posting and summarization Management assertions are: 1) Existence or occurrence, 2) Completeness, 3) Valuation or allocation. 4) Rights and obligation, 5) Presentation and Disclosure NA General balance- related audit Management Specific balance-related audit objective objective assertion 1 Ensure that there is no delay in transferring the porting Valuation transactions to proper accounting ledger. and summary or atolation 2. Ensure that the transaction is supported with proper Coristance supporting document and that the supporting document aurante title with the entity's name or crac 3. Ensure that the amount is converted into U.S. $ using ACWCH vollier a the proper exchange rate. all cotien 4. Examine that there is no delay in recoding the occurred Voetica Eransactions during the period under the audit. Allestia Examine that the salaries and related cost is not include Classification the monthly payment for the entity's legal advisor. Valution of Alld Select a sample of 20 employees from the attendance sheet and then examine that they included in the related payroll sheet. should be included Examine if the employees benefits and other payroll Couplebenss Completouss related obligations are not uded in the which they are eart or incurred. Examine that there is no errors in subtracting Valuation withholdings and deductions from gross salary to arrive allocs' ich at net salary, timing Completeness Completagss Accuracy