Which of the following is not an example of an assertion made by management in an entitys financial statements?

Question 2 options:

	Long-Term Notes Receivable will not be collected within the next 12 months.
	All estimates presented in the financial statements are correct.
	Inventory is stated, in conformity with GAAP, at the lower of cost or market (LCM).
	Accounts payable includes all amounts due to vendors.