Which of the following is a lifestyle symptom associated with revenue-related fraud?
a. Too little cash is collected relative to reported revenues.
b. Weaknesses in the cutoff processes or other key accounting processes.
c. Untrue responses by management to queries about revenue-related accounts.
d. Executives' personal net worth tied up in company stock.
d
FEEDBACK: a. Incorrect. This is an analytical symptom.
b. Incorrect. This is an control symptom.
c. Incorrect. This is a verbal symptom.
d. Correct.
Business
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When Switzerland let the value of the Swiss franc rise by 30 percent against the euro in 2015, what was the result?
What will be an ideal response?
Business
ETF options are settled in
A) cash. B) ETF shares. C) share of the companies in the index. D) The writer has the choice of settling in either cash or ETF shares.
Business