Which of the Following Is an Assertion

question 47

Multiple Choice

Which of the following is an assertion?

• A) A statement made by management regarding the collectability of accounts receivable.
• B) The audit firm's estimation of the client's inventory obsolescence.
• C) The statement by management regarding the appointment of auditors.
• D) The statement by management that the firm will close its branch office because of snow.

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Definitions:

Axis I

was used in the DSM-IV (Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition) to classify most major mental health disorders, including mood, anxiety, and psychotic disorders.

Personality Disorder

A mental disorder defined by persistent patterns of maladaptive behavior, thought, and internal experience.

Antisocial Personality

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Time Course

The progression or sequence of events or states over a period of time, often used to describe the dynamics of processes in various contexts.