Match the test of controls described below to the appropriate assertion it is used to test.
-Review the cash disbursements journal for reasonableness of account distribution
A)Completeness
B)Occurrence
C)Accuracy
D)Cutoff
E)Authorization
F)Classification

Question

Quizplus · Accepted Answer

The test of controls described is used to test the classification assertion, as it ensures that cash disbursements are being properly recorded and allocated to the correct accounts.

Match the Test of Controls Described Below to the Appropriate