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Amajor objective of written representations is to
a. shift responsibility for financial statements from the management to auditors.
b. provide a substitute source of audit evidence for substantive procedures that auditors would otherwise perform.
c. provide management an opportunity to make assertions about the quantity and valuation of the physical inventory.
d. impress on management its ultimate responsibility for the financial statements and disclosures
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Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.
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Amajor objective of written representations is to
a. shift responsibility for financial...
a. shift responsibility for financial...
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