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.
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C. the purchase of a single individual
A. Excessive resources in ones home country. This should not be a push factor, meaning this should not make somebody want to move. If there was a war in your country, you would definitely consider moving, if possible. Also, if people were on your back because of your political or religious opinions, you might consider moving to a different place in order to find people who are compatible with your opinions and views.
