The Completeness Assertion Addresses

question 7

Multiple Choice

The completeness assertion addresses:

• A) matters that are the opposite of those addressed by the occurrence assertion.
• B) whether all transactions that should be included in the financial statements are in fact included.
• C) the possibility of omitting transactions that should have been recorded.
• D) all of the above

---

Definitions:

Conclusion

The final part of something, such as an argument or piece of writing, summarizing the main points or outcomes.

Proposition

A statement that can either be true or false but not both.

Argument

A unit of reasoning in which one or more propositions (the premises) purport to provide evidence for the truth of another proposition (the conclusion).

Logic

The study of reasoning and argumentation, focused on understanding the principles and criteria of valid inference and demonstration.