Which of the Following Is an Example of the Classification

Multiple Choice

Which of the following is an example of the classification and understandability assertion?

A) All disclosures that should have been included in the financial statements have been included.
B) Financial and other information is appropriately presented and described, and disclosures are clearly expressed.
C) Disclosed events and transactions have occurred and pertain to the entity.
D) Transactions and events have been recorded in the correct accounting period.