Explain the meaning of the term 'assertion' and list four assertions about classes of transactions and four
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Question:
Explain the meaning of the term 'assertion' and list four assertions about classes of transactions and four relating to account balances.
Explain briefly two ways in which substantive analytical procedures may be used as substantive tests.
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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