Examining cancelled stock certificates addresses the assertion of

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Examining cancelled stock certificates is primarily related to the occurrence assertion, which ensures that the recording of transactions reflects actual economic events that occurred and that the company has legal ownership of the assets recorded. Cancelled stock certificates provide evidence that the company has issued and cancelled a certain number of shares, which is an important component of the ownership structure of the company. The other choices, disclosures, valuation, and completeness, are not directly related to examining cancelled stock certificates.

Examining Cancelled Stock Certificates Addresses the Assertion of