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    Management assertions

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    What are the key management assertions related to long-term assets and liabilities? What are the most important assertions related to long-term assets and liabilities? How will auditors test these assertions?

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    Management assertions related to long-term assets and liabilities

    What are the key management assertions related to long-term assets and liabilities? What are the most important assertions related to long-term assets and liabilities? How will auditors test these assertions?
    The key management assertions related to long term assets and liabilities are valuation, existence, and completeness. Of these valuation is the most important. That the long term assets and liabilities are valued properly, the long term assets at ...

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