Consider the Following Financial Statement Assertions

question 23

Multiple Choice

Consider the following financial statement assertions:
-Vouch entries in investment accounts.
_____

• A)EO ? Existence or Occurrence
• B)VA ? Valuation or Allocation
• C)C ? Completeness
• D)RO ? Rights and Obligations
• E)PD ? Presentation and Disclosure
• F)EO, C and VA
• G)EO, VA, C, and PD
• H)EO, VA and RO
• I)EO, C and RO
• J)EO, VA, C, RO, and PD
• K)EO, VA, C and RO

---

Definitions:

Big Five

A theory describing human personality as composed of five broad traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Job Performance

The extent to which an employee carries out their job duties and responsibilities effectively.

Role Stress

The stress experienced by an individual due to expectations and demands associated with their role in the workplace or society.

Commitment

The condition or characteristic of being fully committed to a cause, activity, or profession; complete and sincere dedication.