Which of the Following Is Not a Misstatement Related to the Occurrence

question 7

Multiple Choice

Which of the following is not a misstatement related to the occurrence assertion for inventory?

• A) Consigned goods are included as part of inventory.
• B) Unauthorized production activity.
• C) Fictitious inventory.
• D) Recorded inventory is not on hand because of theft.

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Definitions:

Intentional

Done on purpose; deliberate.

Threatening

The act of expressing or implying harm to intimidate or coerce someone.

Out

In social and psychological contexts, to disclose or reveal previously concealed information, often related to personal identity or experiences.

Repeated Threatening

The continuous act of making threats against someone, often creating an environment of fear and intimidation.