Examlex
Taft company only holds cash in the local currency of the country in which it operates.Which one of the following management assertions would require the least amount of audit procedures for the cash account of Taft?
Alphabetic
Pertaining to the arrangement of letters in the standard order of the alphabet.
Callbacks
Requests to return for a further interview, audition, or phone call.
Specified Intervals
Distinct periods or spans of time that are defined or determined for a particular purpose or activity.
Chronologic
Pertaining to the arrangement of events in the order of their occurrence in time.
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