Completeness Is an Assertion Used

question 4

Multiple Choice

Completeness is an assertion used:

• A) when testing balance sheet items.
• B) for transactions and events.
• C) for presentation and disclosure.
• D) all of the above.

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Definitions:

Lower Control Limit

A statistic used in process control that represents the lowest acceptable boundary for process variation.

ISO 9001:2015

An international standard that specifies requirements for a quality management system (QMS).

Quality System

A structured framework for managing and improving all aspects of an organization's operations, ensuring consistency, efficiency, and satisfaction.

Customer Expectations

The set of assumptions, desires, and needs that a customer has regarding a product or service.