Which of the following assumptions is a hypothetical condition? a. Financial statements are assumed to be accurate.

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Which of the following assumptions is a hypothetical condition?

a. Financial statements are assumed to be accurate.

b. Valuation analysis assumes a business merger that has not yet occurred. 

c. Value assumes that management expertise will continue to be maintained.

d. Value assumes the firm has good title to all the assets.

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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