Question: what does existence and occurance assertion claim a . that reported assets, liabilities, and equity actually exist and reported transactions have actually occured. b .
what does existence and occurance assertion claim
a that reported assets, liabilities, and equity actually exist and reported transactions have actually occured.
b that the company reported everything in the financial statements that it should have reported
c that all the reported financial statement items are reported at the appropriate amounts with appropriate vluation and allocation adjustments
d none of the above
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