A high, but not absolute, level of assurance is called

A) probable assurance.
B) reasonable assurance.
C) limited assurance.
D) incomplete assurance.

B

Business

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Issue are all people who have descended from a common ancestor, such as children, grandchildren, and great-grandchildren.

a. true b. false

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The provision for a loss on an unprofitable contract may be combined with the Construction in Process account balance under percentage-of-completion but not completed-contract.

a. true b. false

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