Gabori Company Would Like to Pay Less Income Tax This

Multiple Choice

Gabori Company would like to pay less income tax this year.It decided that it could do this by understating its inventory values,increasing costs of goods sold.This was done by deliberately pricing the inventory at incorrect amounts,so that it would be shown at a lower value than it was really worth (for example,items worth five dollars each were shown at fifty cents each) .Which management assertion has been violated?

A) valuation
B) accuracy
C) statement presentation
D) completeness