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Which of the following is a management assertion regarding account balances at the end of the period? a. Transactions and events that have been recorded
Which of the following is a management assertion regarding account balances at the end of the period?
a. Transactions and events that have been recorded have occurred and pertain to the entity.
b. Transactions and events have been recorded in the proper accounts.
c. The entity holds or controls the rights to assets, and liabilities are obligations of the entity.
d. Amounts and other data related to transactions and events have been recorded appropriately.
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