Alpha Brewery Corporation Recorded Sales Through January 4,2018,dating Them December

question 70

Multiple Choice

Alpha Brewery Corporation recorded sales through January 4,2018,dating them December 31,2017.This situation is an example of a violation of which of the following assertions?

• A)Existence or occurrence.
• B)Completeness.
• C)Classification.
• D)Accuracy.

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Definitions:

Not Positively Correlated

Refers to a statistical relationship between two variables where one variable does not necessarily increase as the other increases or decreases as the other decreases.

Multiple Smaller Orders

Refers to the strategy of breaking down large orders for goods or services into smaller ones, often to manage risk, improve cash flow, or respond more flexibly to market demand.

Match Supply

the process of adjusting production levels, inventory, or supply chain capacities to meet the current or forecasted demand effectively.

Increase Profitability

The process of enhancing a company's ability to generate profit, either by increasing revenue, reducing expenses, or both.