Which Assertion(s) Is Met If Proper Cut-Off Is Achieved

question 43

Multiple Choice

Which assertion(s) is met if proper cut-off is achieved:

• A) right and obligations.
• B) completeness.
• C) existence or occurrence.
• D) Both b and c

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Definitions:

Rate Of Return

The percentage gain or loss on an investment relative to the amount of money invested.

Stocks

Financial instruments that represent ownership in a company and signify a claim on part of the company's assets and earnings.

Long-Term Investor

An individual or entity that holds investments for an extended period, focusing on long-term performance rather than short-term gains.

Equity Mutual Fund

A type of mutual fund that invests primarily in stocks, aiming to generate returns through equity ownership in companies.