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
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.
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Financial and Managerial Accounting the basis for business decisions
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