6.Assertions about classes of transactions and events typically include _______. A. occurrence, cutoff, and completeness B....

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6.Assertions about classes of transactions and events typically include _______. A. occurrence, cutoff, and completeness B....

6.Assertions about classes of transactions and events typically include _______.

		A. occurrence, cutoff, and completeness
		B. existence, rights, and obligations
		C. existence, rights, and cutoff
		D. completeness, accuracy, and valuation

business accounting

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Answer 1

Answer #1

Solution: The correct answer is option A)occurrence, cutoff, and completeness.

Explanation: Generally, assertions about classes of transactions and events include- occurrence, completeness, authorization, accuracy, cutoff, and classification. So, except option A, others don't hold true.

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Answer 2

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