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remy2012 remy2012
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2 years ago
A commitment is best described as

▸ an agreement to commit the firm to a set of fixed conditions in the future.

▸ an agreement to commit the firm to a set of fixed conditions in the future that depends on company profitability.

▸ an agreement to commit the firm to a set of fixed conditions in the future that depends on current market conditions.

▸ a potential future obligation to an outside party for an as yet to be determined amount.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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wukong81wukong81
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2 years ago
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remy2012 Author
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2 years ago
Brilliant ツ
larrybrads
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Yesterday
this is exactly what I needed
Holly72492
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2 hours ago
Good timing, thanks!
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