respect the rights, beliefs, and opinions of others.
participate in your local community. pay income and other taxes honestly, and on time, to federal, state, and local authorities
Explanation:
Rights and obligations are underlying assertion used in the construction of financial statements, stating that the organizationhas title to its stated assets and has obligations to pay it's stated liabilities.
Answers & Comments
respect and obey federal, state, and local laws.
respect the rights, beliefs, and opinions of others.
participate in your local community. pay income and other taxes honestly, and on time, to federal, state, and local authorities
Explanation:
Rights and obligations are underlying assertion used in the construction of financial statements, stating that the organizationhas title to its stated assets and has obligations to pay it's stated liabilities.