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NEW QUESTION 38
Financial statement fraud is committed by:

  • A. Mid and lower level employees
  • B. All of the above
  • C. Organized criminals
  • D. Senior Management

Answer: B

 

NEW QUESTION 39
A tangible asset is one which is:

  • A. Neither A nor B
  • B. capable of being appraised
  • C. Both A & B
  • D. capable of being perceived

Answer: C

 

NEW QUESTION 40
____________ is a process by which a bookkeeper records all transactions and can adjust the books.

  • A. Accounting Cycle
  • B. Journal Entries
  • C. Financial statement
  • D. None of all

Answer: B

 

NEW QUESTION 41
In Fraud scale pressure, opportunity and integrity variables all results in a list of ___ possible red flags or indicators of occupational fraud and abuse.

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: B

 

NEW QUESTION 42
……

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