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shtirl [24]
3 years ago
14

Cutoff tests designed to detect valid sales that occurred before the end of the year but have been recorded in the subsequent ye

ar would provide assurance about management’s assertion of:
a. Presentation and Disclosure.
b. Completeness.
c. Rights and obligations.
d. Existence.
Business
1 answer:
Oksanka [162]3 years ago
8 0

Answer:

b. Completeness

Explanation:

Cut off tests are designed to ensure that transactions which relate to a particular period are reported in that very period.

Assertions refers to the claims made by the management and it's staff relating to various aspects of the business.

Cut off procedures provide an auditor with evidence against management's assertion of completeness and occurrence of a transaction.

Completeness refers to whether transactions pertaining to a period have been recorded.

Occurrence means that recorded transactions ain't fictitious and have actually happened.

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You might also get to know other people who share your hobby, and this could help you build a career in that field.

7 0
4 years ago
Eric is admitted to a hospital to undergo a surgery for hernia. he is unable to discern the expertise of his surgeon before the
Margaret [11]

The answer to the blank space is credence attribute. Credence attribute refers to how a good or service cannot be evaluated by consumers even after using it – even though the consumers feels the perceived value.

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6 0
3 years ago
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A life-cycle fund holds assets designed to meet the needs of individuals who Group of answer choices will need funds for college
Ray Of Light [21]

It should be noted that life-cycle fund holds assets designed to meet the needs of the owner that want to retire at a particular age.

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In this case, the percentage of bonds as well as the other fixed-income investments of the owner usually goes up.

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Learn more about life-cycle fund at:

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3 0
2 years ago
What term is used for bonds that have specific assets pledged as collateral?A. Convertible bonds.B. Discount bonds.C. Callable b
aev [14]

Answer:

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Explanation:

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3 0
3 years ago
A large farming cooperative that focuses on the production of fruits and vegetables uses a business that sells the farmers' prod
stellarik [79]

Answer:

trading company.

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3 years ago
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