An auditor noticed that company B had an exorbitant increase in sales and drastic decreases in its inventory and accounts receivables. The above statement symbolizes which fraud symptom?
a. Accounting anomaly
b. Internal control weakness
c. Analytical anomaly
d. Unusual behavior
c
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Correct.
d. Incorrect.
Business
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The risk-free rate is equal to the real rate of return plus
A) an expected inflation premium. B) a risk premium. C) both an inflation and a risk premium. D) the prevailing prime rate.
Business
Exact maximum cardinality is calculated by adding the exact minimum cardinalities
Indicate whether the statement is true or false
Business