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NEW QUESTION 28
Entering a sales total lower than the amount actually paid by the customer is called:
  • A. All of the above
  • B. Underrings a sale
  • C. Internal sales audits
  • D. Recording a sale procedure
Answer: B

NEW QUESTION 29
_________ assumes the business will go on indefinitely in the future.
  • A. Cost
  • B. Materiality
  • C. Going concern
  • D. Fair value
Answer: C

NEW QUESTION 30
Which of the following is NOT the aspect of inventory purchase?
  • A. inventory for the year 2 will be much greater than year 1.
  • B. Increase sales in year 2 are unexpected and purchase of inventory does not keep pace with the sales.
  • C. Inventory purchases purposely increase in year 1 only to be liquidated in year 2.
  • D. might be some fraud scheme in inventory.
Answer: A

NEW QUESTION 31
According to a survey, in principal perpetrator, males in a majority of cases, accounting for ___ percent of frauds versus ___ percent in which a female was the primary culprit.
  • A. 61 versus 39
  • B. 62 versus 36
  • C. None of the above
  • D. 62 versus 37
Answer: A

NEW QUESTION 32
CORRECT TEXT
___________ allows the fraud examiner to inspect key attributes on a smaller portion (or sample) of those documents.
Answer:
Explanation:
Pending

NEW QUESTION 33
......
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