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Pinnacle Wp 6

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Submitted By andy714
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Please write two tests of controls and two test of substantive tests of transaction here.
|# |Key Internal Control |Transaction Related Audit Objectives | Test of Control |Substantive Test of Transaction |
|1. |Segregation of the purchasing, receiving, |Recorded acquisitions are for goods and services actually |___ |___ |
| |and cash disbursements functions. |received (occurrence). |___ |___ |
| | |Recorded cash disbursements are for goods and services actually| | |
| | |received (occurrence). | | |
|2. |Independent reconciliation of the monthly |Existing cash disbursement transactions are recorded | | |
| |bank statements. |(completeness). | | |
| | |Recorded cash disbursement transactions are stated at the | | |
| | |correct amounts (accuracy).

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