Priscille White was performing the review of cash transactions at Banker's Trust. Which three assertions are the most important when ensuring that there are no material misstatements for cash at Banker's Trust?
A) existence, completeness, valuation and allocation
B) existence, valuation and allocation, rights and obligations
C) existence, completeness, classification
D) none of the above

Question

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The Answer of Priscille White was performing the review of cash transactions at Banker's Trust. Which three assertions are the most important when ensuring that there are no material misstatements for cash at Banker's Trust?
A) existence, completeness, valuation and allocation
B) existence, valuation and allocation, rights and obligations
C) existence, completeness, classification
D) none of the above

Priscille White Was Performing the Review of Cash Transactions at Banker's