The completeness assertion would be violated if:
A) the allowance for doubtful accounts was understated.
B) unbilled shipments had occurred during the period.
C) the balance of accounts payable was overstated.
D) all of the above would violate the completeness assertion

Question

Quizplus · Accepted Answer

The completeness assertion concerns whether all transactions and accounts that should have been recorded have been included. Unbilled shipments would mean revenue and receivables that should have been recorded have not been, thus violating the completeness assertion.

The Completeness Assertion Would Be Violated If