Below are audit procedure, which is test of transactions associated with the audit of the acquisition and payment cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested.
-Trace from a sample of cancelled checks to the cash disbursements journal.

Question

Below are audit procedure, which is test of transactions associated with the audit of the acquisition and payment cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Trace from a sample of cancelled checks to the cash disbursements journal.

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The Answer of Below are audit procedure, which is test of transactions associated with the audit of the acquisition and payment cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Trace from a sample of cancelled checks to the cash disbursements journal.

Below Are Audit Procedure, Which Is Test of Transactions Associated