Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 5, Problem 5.31P
To determine

Introduction: Management assertions refers to the claims made by the management in the financial statements upon which the auditor relies only after testing these assertions.

To explain: The examples of a misstatement that could occur for revenue transactions for each of the given management assertions.

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