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Shubh Shah asked 1 year ago

What are negative assertions ?

1 Answers
RaviRavi Staff answered 1 year ago

negative assertion means statements where there deny, say no in certain matters.
 
for example
 
not given guarantee
no taken loan
asset is not charged
no increase etc
 

RaviRavi Staff replied 1 year ago

when such statements are made in financial statements its called negative assertions in financial statements

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