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How does blockchain technology impact COSO's classification assertion in financial statements? The classification of digital...

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Accounting

How does blockchain technology impact COSO's classification assertion in financial statements?
The classification of digital assets can be challenging due to evolving accounting guidance
and the need for objective evaluation.
Blockchain provides a fixed classification for all types of digital assets.
Blockchain simplifies the classification of digital assets based on clear accounting
guidance.
Digital assets on blockchain are automatically classified by the system.
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