Consider the Following Financial Statement Assertions

question 56

Multiple Choice

Consider the following financial statement assertions:
-Confirm bank deposit and loan balances with banks.
_____

• 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:

Dildo

A sex toy that is typically shaped like a penis and is used for sexual penetration or other sexual activity.

Pubic Lice

Small parasites that infest the genital area's hair, causing itching and discomfort; commonly known as crabs.

Genital Sex

A rephrased definition could be: Intimate physical activities involving the genitals, aimed at achieving sexual pleasure or reproduction.

Sexually Transmitted Infection

A disease spread by sexual intercourse, resulting from bacteria, viruses, or parasites.