For each assertion, indicate whether it is an assertion about classes of transactions and events or an assertion about account balances. Then, indicate the name of the assertion made by management. (Hint: See tableLOADING....)

Begin with the management assertions for a. through f.

Management Assertion / Category of Management Assertion / Name of Assertion

a. Recorded accounts receivable exist. =>

b. Disclosures related to sales are relevant and understandable. =>

c. Recorded sales transactions have occurred. =>

d. There are no liens or other restrictions on accounts receivable. =>

e. All sales transactions have been recorded. =>

f. Receivables are appropriately classified as to trade and other receivables in the financial statements and are clearly described. =>