Question 51

"Anticipate possible losses and omit potential profits", this results in:
  • Question 52

    Which of the following is true for Red flags associated with fictitious revenues?
  • Question 53

    When employees avoid detection in a refund scheme to keep the sizes of the disbursement low, is referred to:
  • Question 54

    The essential elements of a ________ are an actual or constructive taking away of the goods or property of another with the without the consent and against the will of the owner and with a felonious intent.
  • Question 55

    Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.