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Author Question: Management's disclosure of the amount of unfunded pension obligations and the assumptions underlying ... (Read 59 times)

mustachegiraffe

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Question 1

Management makes the following assertions about account balances:
◦ existence, completeness, classification, and cutoff.
◦ existence, accuracy, classification, and rights and obligations.
◦ existence, completeness, valuation and allocation, and rights and obligations.
◦ existence, completeness, rights and obligations, and cutoff.

Question 2

Management's disclosure of the amount of unfunded pension obligations and the assumptions underlying these amounts is an example of the ________ assertion.
◦ completeness
◦ existence
◦ accuracy and valuation
◦ rights and obligations


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Marked as best answer by mustachegiraffe on Aug 21, 2022

xinyifff

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mustachegiraffe

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Reply 2 on: Aug 21, 2022
Wow, this really help


Missbam101

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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