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utaw Question Case 6: Assertions Capsticks are the appointed Auditors Travelex Limited. The company has a francial year-end to 31st December. Receipts of inventory are

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utaw Question Case 6: Assertions Capsticks are the appointed Auditors Travelex Limited. The company has a francial year-end to 31st December. Receipts of inventory are recorded on a regular basis by one inventory Auswant. However, on 23rd December the Inventory Assistant fell in and was off work for a week. As the company only has a small staff and the holiday season at hand, a number of the purchase receiving reports were not processed on a timely basis. Required: As the audiene tor Travelex, identify the Two most appropriate assertion that you would you give high importance for Travelex and the relevant audit test you would adopt. From the following Actuary completeness, cut-off authorization or existence TTTT MacBook Air 30 utaw Question Case 6: Assertions Capsticks are the appointed Auditors Travelex Limited. The company has a francial year-end to 31st December. Receipts of inventory are recorded on a regular basis by one inventory Auswant. However, on 23rd December the Inventory Assistant fell in and was off work for a week. As the company only has a small staff and the holiday season at hand, a number of the purchase receiving reports were not processed on a timely basis. Required: As the audiene tor Travelex, identify the Two most appropriate assertion that you would you give high importance for Travelex and the relevant audit test you would adopt. From the following Actuary completeness, cut-off authorization or existence TTTT MacBook Air 30

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