Which of the Following Are Management Assertions About the Accounts

question 3

Multiple Choice

Which of the following are management assertions about the accounts in cash and investment process?

• A)existence or occurrence - for classes of transactions
• B)completeness - for account balances
• C)valuation and allocation - for account balances
• D)rights and obligations - for both classes of transactions and account balances
• E)accuracy - for both classes of transactions and account balances

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