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The auditor traces recorded sales to invoices,sales orders,and shipping documents in order to substantiate which assertion?
Leverage Operations
Financial strategies involving the use of borrowed money to increase the potential return of an investment.
Outstanding Stock
Refers to the total shares of a company that are currently owned by investors, including those held by institutional investors and company officials.
Earnings Per Share
The profit of a company divided by its total number of common stock shares outstanding, showing how profitable the company is.
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