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Rina8888 [55]
3 years ago
14

Which management assertion is usually most relevant for liability accounts? 1. Completeness. 2. Existence.3. Rights and obligati

ons. 4. Presentation and disclosure. 5. None of the above
Business
1 answer:
katovenus [111]3 years ago
8 0

Answer:

The right answer is 3. Rights and obligations.

Explanation:

Liability accounts include all those financial obligations that a company has with suppliers, accounts payable, taxes, among others.

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