Valuation and allocation is a significant assertion for cash: (a) Always. (b) Never. (c) When the client

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Valuation and allocation is a significant assertion for cash: 

(a) Always. 

(b) Never. 

(c) When the client has cash balances that are held in a foreign currency. 

(d) None of the above.

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Related Book For  answer-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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