Question: What is the relevant management assertion for the following statement? All recorded fixed assets are adequately disclosed in the notes to the financial statement, including

What is the relevant management assertion for the following statement?

All recorded fixed assets are adequately disclosed in the notes to the financial statement, including describing the type, depreciation methods and useful lives.

Existence

Occurence

Valuation or Allocation

Presentation and Disclosure

Rights and Obligations

None of the above.

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