Olga Chevalier, CPA was reviewing presentation and disclosure assertions for Athabasca Oil Sands. Which one of the following would not be a presentation and disclosure assertion?

Question

Quizplus · Accepted Answer

Occurrence is not a presentation and disclosure assertion, it falls under the transaction assertion category. The other three choices (completeness, classification and valuation, accuracy and valuation) are all presentation and disclosure assertions.

Olga Chevalier, CPA Was Reviewing Presentation and Disclosure Assertions for Athabasca