Question: Requirement a . Explain the differences among management assertions about classes of transactions and events and related disclosures, general transaction - related audit objectives, and
Requirement a Explain the differences among management assertions about classes of transactions and events and related disclosures, general transactionrelated
audit objectives, and specific transactionrelated audit objectives and their relationships to each other.
Management assertions are
by management, in this case about the classes of transactions and related disclosures in the financial
statements. These assertions are
for every transaction cycle and account.
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