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A CPA is auditing a client's financial statements and is performing procedures to audit accounts receivable. While reviewing the financial statements, the auditor verifies that
A CPA is auditing a client's financial statements and is performing procedures to audit accounts receivable. While reviewing the financial statements, the auditor verifies that accounts receivable is shown as a current asset. Which financial statement assertion is the auditor testing? (Select only one.) Question 11Select one: a. Valuation/Allocation b. Rights/Obligations c. Presentation/Disclosure d. Existence/Occurence e. Completeness
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