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4. For an account affected by more than one transaction class, the control risk assessment for a particular account balance assertion is based on the
4. For an account affected by more than one transaction class, the control risk assessment for a particular account balance assertion is based on the combined control risk assessments for the same assertion pertaining to each transaction class affecting the account balance, except for a. the valuation assertion for income statement accounts the existence assertion when the transaction class increases the account. the completeness and existence assertions when the transaction class decreases the account. the rights and obligations assertion for equity accounts b. c. d
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