The relevant assertions for any business process are
A)linked to the risk in the accounting process
B)valued according to management rules
C)that accounts payable occurred at the balance sheet date
D)that the expense transactions recorded in the business process were correct

Question

Quizplus · Accepted Answer

Assertions in a business process are linked to risks in the accounting process, ensuring that financial statements are accurate and reliable.

The Relevant Assertions for Any Business Process Are