Management assertions are: a) implied or expressed representations about accounts, transactions, and disclosures in the financial statements. b) stated in the footnotes to the financial statements. Oc) explicitly expressed representations about the financial statements.. d) provided to the auditor in the assertions letter, but are not disclosed on the financial statements.
Management assertions are: a) implied or expressed representations about accounts, transactions, and disclosures in the financial statements. b) stated in the footnotes to the financial statements. Oc) explicitly expressed representations about the financial statements.. d) provided to the auditor in the assertions letter, but are not disclosed on the financial statements.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
Section: Chapter Questions
Problem 27CYBK
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