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In most cases, commitments :

belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:17| Question number:17.35

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2022-07-02

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In most cases, commitments :

Are likely to result in additional losses to the client.
Are found through the accounts payable search for unrecorded liabilities.
Require adjustments to the financial statement amounts.
Are disclosed in a footnote to the financial statements.

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Ibrahimhamm

2022-07-02

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D. Are disclosed in a footnote to the financial statements.

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