Which One of the Following Is Not a Management Assertion

question 108

Multiple Choice

Which one of the following is not a management assertion relevant to long-lived assets?

• A)Existence.
• B)Completeness.
• C)Valuation.
• D)Reporting.

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Definitions:

Explosive Molecule

A compound that rapidly undergoes a chemical change producing an increase in temperature, gas, and pressure.

Oxygen Balance

A concept in chemistry indicating the relative amount of oxygen available for reactions, important in evaluating the explosive potential of chemicals.

RDX

An abbreviation for Royal Demolition Explosive or Research Department Explosive, a highly energetic nitroamine used as an explosive.

Positive

Exhibiting or characterized by a beneficial, affirmative, or constructive quality or attribute.