If sales have not been entered into the Accounting Information System,this is an example of which type of transaction risk?
A)occurrence
B)completeness
C)accuracy
D)cut-off

Question

Quizplus · Accepted Answer

Completeness is the risk of transactions or events not being recorded in the accounting system. In this scenario, the risk is that sales have not been entered, indicating incompleteness in the system.

If Sales Have Not Been Entered into the Accounting Information