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Specific balance assertions typical of accounts payable would not include A. Recorded liabilities are obligations of the entity. B. Estimated liabilities are properly valued. C.

Specific balance assertions typical of accounts payable would not include

A. Recorded liabilities are obligations of the entity.

B. Estimated liabilities are properly valued.

C. Accounts payable are not pledged as collateral.

D. Payables are recorded in the proper period.

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