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- November 19, 2012 at 3:32 pm #107796
Dear Gromit,
Thank you very much for your kind guidance.
As for accuracy assertion that you mentioned, I am however rather confused about the difference between the accuracy and valuation assertions.
In particular, why does the accuracy assertion appear in the “transaction & events” category, while we have only rights and obligations assertions and yet without the accuracy assertion under the “balances” category ?
And, if the accuracy assertion of a transaction is satisfied, am I to understand that the transaction is accurate in amount? If yes, then what does the valuation assertion lead up to?
I would be obliged if you could give me some more help on this. Thanks.
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