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Financial Statement Assertions Are Established for Classes of Transactions  AccountBalances  Disclosures \begin{array} { c c c } & \text { AccountBalances } & \text { Disclosures } \\\end{array}

question 8

Multiple Choice

Financial statement assertions are established for classes of transactions:  AccountBalances  Disclosures \begin{array} { c c c } & \text { AccountBalances } & \text { Disclosures } \\\end{array}
A-  Yes  Yes \begin{array} { c c c } \quad\quad\quad\text { Yes } &\quad\quad\quad\quad \text { Yes } \\\end{array}
B-  Yes  Yes \begin{array} { c c c }\quad\quad\quad \text { Yes } &\quad\quad\quad\quad \text { Yes } \\\end{array}
C-  Yes  No \begin{array} { c c c } \quad\quad\quad\text { Yes } & \quad\quad\quad\quad\text { No } \\\end{array}
D-  No  Yes \begin{array} { c c c }\quad\quad\quad \text { No } &\quad\quad\quad\quad \text { Yes }\end{array}


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