Problem - The following are specific transaction-related audit objectives applied to the audit of cash disbursement transactions (a through f), management assertions about classes of transaction (1 throughb5), and general transaction-related audit objectives (6 through 11).

Specific Transaction-Related Audit Objective

a. Recorded cash disbursement transactions are for the amount of goods or services received and are correctly recorded.

b. Cash disbursement transaction are properly included in the accounts payable master file and are correctly summarized.

c. Recorded cash disbursement are for goods and services actually received.

d. Cash disbursement transactions are properly classified.

e. Existing cash disbursement transactions are recorded.

f. Cash disbursement transactions are recorded on the correct dates.

Management Assertion about Classes of Transactions    General Transaction-Related Audit Objective

1. Occurrence                                                                        6. Occurrence

2. Completeness                                                                    7. Completeness

3. Accuracy                                                                           8. Accuracy

4. Classification                                                                     9. Posting and summarization

5. Cut off                                                                              10. Classification

11. Timing

Required: For each specific transaction-related audit objective, identify the appropriate management assertion.