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The auditor has decided to use accounts payables confirmations when testing substantive testing for balances.Which two management assertions is she testing?
Average Total Cost Curve
A graphical representation showing how the cost per unit of producing a good changes with the level of output.
Marginal Cost
The increase in cost that arises from producing one additional unit of a product or service.
Cost Curve
A graphical representation that shows how the cost of producing a good varies with changes in the quantity produced.
Cost Curve
A graphical representation showing how the cost to produce a given quantity of goods varies.
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