Which of the following is not an assertion that is made in the financial statements by management concerning each major account balance? A)Completeness. B)Rights and obligations. C)Legality. D)Valuation.

Question

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Legality is not an assertion made in financial statements by management concerning each major account balance. The four assertions made by management concerning each major account balance are completeness, rights and obligations, valuation, and existence or occurrence.

Which of the Following Is not an Assertion That Is