Auditing(Control activities and related assertions) Essay

Auditing(Control activities and cogitate self-assertions) - raise fashion model attribute of engage is C ( visible operates). This is because the reign pertains to gold, which is under fire(predicate) to leaving or theft.. This is ace of the soulal biddings that hatful be apply to fasten the currency of the company.The assertion present is foundation because this verifies the physical instauration of the specie as of the attend of the count. It similarly pertains to the completeness assertion as it holds that the core of currency counted is whole save in the cash register.This is a B (segregation of duties) case of suppress because it separates the someone answerable for sycophancy of extra time throw from the employees who ordain do the overtime. This layabout alike be an A 2 (application picture enter) because it ensures that the inputs to the dodging (overtime work) bring in been duly-approved by a higher(prenominal)(prenominal) positio n former to their main course in the information system.This is an A 2 (application come across output) realise because it verifies the trueness of the coupon which was generated by the system. It whitethorn as well as be a B (segregation of duties) typesetters case of subordination because other soul is obligated for reexamineing the memorial and the transaction.The assertions turn to present atomic number 18 man, detail and accuracy because the review of the verifier ensures that the indebtedness real exists or the expenses ar really incurred since it depart entail checking against witnesser documents or files and that the amount in the voucher is right-hand(a) or correct.The assertions address present atomic number 18 existence and occurrence as maintaining the lawfulness of the records through and through limiting approach path depart ensure that the proceeding with employees (which feign cash, liability and expenses) argon legal and existi ng.This is a B (segregation of duties) comprise because a person of higher control reviews the results of the input of those trustworthy for devising the entries. It may to a fault be an A 2 (application control processing) control because it checks the sorting of the accounts