Completeness is the most relevant assertion associated with an inherent risk for dividends that are recorded and paid before being declared.

Question

Quizplus · Accepted Answer

Completeness is more relevant to ensuring all transactions and events have been recorded, while the assertion more directly related to dividends being recorded and paid before being declared would be occurrence, as it deals with whether the dividends recorded actually occurred (i.e., were properly declared).

Completeness Is the Most Relevant Assertion Associated with an Inherent