1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
2 years ago
12

If there is a reasonable possibility that an account or disclosure could contain a misstatement that is material, the account or

disclosure is identified as:_________
Social Studies
1 answer:
faust18 [17]2 years ago
4 0

If there is a reasonable possibility that an account or disclosure could contain a misstatement that is material, the account or disclosure is identified as: relevant assertion.

The existence assertion assures that the information presented exists and is free from fraudulent activity. This assertion is a test to the fact that this is a complete assessment and has all the items included in the statement for a given accounting period.The existence of cash is always relevant, and the valuation of existence assertion is a relevant assertion for the cash.

According to it, Cash balances on the balance sheet exist at the reporting date. It means that assets and liabilities exist, and there has been no overstatement of valuation. Financial statement assertions are claims made by companies that attest that the information on their financial statements is true and accurate.

To learn more about existence assertion here

brainly.com/question/15107435

#SPJ4

You might be interested in
Describe how mendel's approach to studying inheritance differed from his predecessors' and how that led him to successfully iden
dimulka [17.4K]
<span>Mendel demonstrated the particulate hypothesis Quantitatively followed traits through multiple generations Showed reappearance of hidden traits in expected proportions Genes are discrete heritable units Remain separate in offspring Separate physical units pieces of meat Combinations give variation</span>
6 0
4 years ago
How did the Germans leave the jews defenseless?
dlinn [17]

Answer:

c

Explanation:

The Germans arrested, tricked, and took Jewish people and placed them in concentration camps where they were forced to work long, hard days with little food or hygiene / medical care. They took and burned / buried all of their belongings. They kept all of the Jews that they could find in concentration camps.

7 0
3 years ago
Natalie is 4 years old. When she buttons her shirt, she talks to herself and describes the steps. This helps her in self-regulat
Wittaler [7]
Hi, the answer is D. private speech.
6 0
3 years ago
What's drip irrigation
Gala2k [10]
Drip irrigation is an irrigation technique that has as its aim to save the water: only the necessary amount of water is released and the water is applied in a matter that directs it directly to the plant's roots.

The key characteristics of this method is, as the name suggests, dripping. The water drips at a pace which can be regulated, which means that at no point is the water is poured in abundance, which usually  leads to large portions of water evaporating.
8 0
3 years ago
Which factor has NOT been demonstrated to influence the likelihood that an individual will experience generalized anxiety disord
melomori [17]

Answer:

low income is the correct answer.

Explanation:

5 0
3 years ago
Other questions:
  • Isabel is in the final stages of writing an important business report. Before she turns it in, she should 1) try to get othersâ€
    5·2 answers
  • Why is communism viewed in such a negative way?
    11·1 answer
  • Lisa and her team have finished the coding of a new application, and they are ready to begin testing. She asks Tina, a senior so
    11·2 answers
  • Do meno and socrates ever discover if virtue can be taught?
    9·1 answer
  • Plzzz help me out plz❤️
    11·1 answer
  • How did the Second Amendment explain the right to carry guns? this is my second time posting this btw
    13·2 answers
  • Why do laws vary from state to state?
    8·2 answers
  • How did the book "the jungle" impact America
    10·1 answer
  • Which of the following strategies for supporting early math learning is
    6·1 answer
  • Explain why families are important to the community. Be sure to write your answer in paragraph form
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!