________ techniques should be established to uncover fraud events when preventive measures fail or unmitigated risks are realized

Fill in the blank with correct word.

Answer: Detection

Business

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An exchange of plant assets has commercial substance if the future cash flows change as a result of the transaction

Indicate whether the statement is true or false

Business

Impairments of plant assets are recorded as a consequence of which accounting principle or assumption?

A. Conservatism B. Matching C. Going concern D. Monetary unit

Business