Assertion

A. Existence and Occurrence B. Completeness C. Rights and Obligations D. Valuation or Allocation E. Presentation and Disclosure

Identify the appropriate assertion for each of the following internal controls. Check all that apply.

1. The computer matches the customer number on the voucher with the customer number on the master customer file. (A) (B) (C) (D) (E) 2. Only the controller and the assistant controller have the authority to add a new vendor to the vendor master file. (A) (B) (C) (D) (E) 3. The computer checks batch totals and run-to-run totals to ensure that all transactions are processed. (A) (B) (C) (D) (E) 4. The manager of engine production reviews all the purchases charged to his responsibility center on a weekly basis, reviewing vendors, amounts, and accounts charged. (A) (B) (C) (D) (E) 5. The computer matches the date on the receiving report with the accounting period when the voucher is recorded. (A) (B) (C) (D) (E) 6. The computer prints a report of all the purchase orders that have not been received and receivings that have not resulted in the recording of a voucher. (A) (B) (C) (D) (E)