The Audit Objective That Costs and Expenses Are Stated in the Income

question 19

Multiple Choice

The audit objective that costs and expenses are stated in the income statement at the appropriate amounts relates to which assertion?

• A) completeness
• B) occurrence
• C) classification
• D) accuracy

---

Definitions:

Expatriate

An employee who lives and works in a foreign country on a temporary basis.

Resident Permits

Official documents that allow individuals to reside in a country where they are not citizens for a specific period.

Vice President

A high-ranking executive in an organization or government, typically below the president in rank, who may oversee specific departments or areas of operation.

Hofstede's Dimensions

A framework for cross-cultural communication developed by Geert Hofstede, consisting of six dimensions that describe the effects of a society's culture on the values of its members and how these values relate to behavior.