A new CFO was hired on September 11, 2017. As part of his incentive package, he is to be awarded 1% of every sale that occurs before year-end, December 31, 2017. In January of the new year, the company recorded a record-breaking amount of sales. Since the accounting books were yet to be finalized, the CFO instructed the financial analyst to book the January 2018 sales as part of December 2017 sales. This way, he would be able to have those sales included as part of his incentive package. What control objective and financial statement assertions are breached by this action? Multiple Choice O Classification, valuation, and presentation and disclosure O Validity, existence, and ownership O Proper period cutoff, existence, completeness, ownership, and presentation and disclosure Authorization, existence, valuation, and ownership