Respuesta :

For accounts receivable,  the more relevant assertions, If a client has an incentive to overstate revenues, the existence assertion would be more relevant than the completeness assertion.

The definition of assertion is the assertion or declaration of something, often as a result of opinion rather than fact. An example of an advocate is someone who braves a meeting with an argument against the moderator despite having valid evidence to back up their claim.

Assertions are characteristics that must be tested to ensure that financial records and disclosures are accurate and fair. When all claims of relevant transactions or balances are satisfied, the financial statements are recorded accordingly. Assertions are primarily used to test for logically impossible situations. For example, it can be used to check what state code expects before execution, or what state it should be after execution finishes. Assertions are disabled at normal runtime, as opposed to normal exception/error handling.

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