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Management Asserts That

Question 47

Multiple Choice

Management asserts that


A) the company has the right to the assets of cash and investments
B) all balances related to the investment account have been accurately recorded
C) all cash and investment transactions that should be presented in the financial statements are relevant
D) transactions related to the investment process have been properly classified
E) the investment accounts are reliable according to the rules of the applicable financial reporting framework at year-end
F) both A and D
G) both B and C
H) both D and E

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