The audit objective of posting and summarisation is associated with the management assertion of presentation and disclosure.

Question

Quizplus · Accepted Answer

The audit objective of posting and summarisation is to ensure that transactions are accurately recorded and properly summarised. This is associated with the management assertion of presentation and disclosure, as the completeness, accuracy and proper disclosure of financial information is necessary for fair presentation.

The Audit Objective of Posting and Summarisation Is Associated with the Management