The following are specific transaction-related audit objectives applied to the audit of cash disbursement transactions (a. through f.), management assertions about classes of transactions (1 through 5), and general transaction-related audit objectives (6 through 11). Specific Transaction-Related Audit Objective a . Recorded cash disbursement transactions are for the amount of goods or services received and are correctly recorded. b . Cash disbursement transactions are properly included in the accounts payable master file and are correctly summarized. c . Recorded cash disbursements are for goods and services actually received. d . Cash disbursement transactions are properly classified. e . Existing cash disbursement transactions are recorded. f . Cash disbursement transactions are recorded on the correct dates. Management Assertion about General Transaction-Related Classes of Transactions Audit Objective 1 . Occurrence2 . Completeness 3 . Accuracy 4 . Classification 5 . Cutoff 6. Occurrence 7. Completeness 8. Accuracy 9. Posting and summarization 10. Classification 11. Timing a . Explain the differences among management assertions about classes of transactions and events, general transaction-related audit objectives, and specific transactionrelated audit objectives and their relationships to each other. b . For each specific transaction-related audit objective, identify the appropriate management assertion. c . For each specific transaction-related audit objective, identify the appropriate general transaction-related audit objective.