Which of the following is not a fraud symptom related to journal entries? a. Unexplained adjustments to
Question:
Which of the following is not a fraud symptom related to journal entries?
a. Unexplained adjustments to receivables, payables, revenues, or expenses.
b. Journal entries that do not balance.
c. Journal entries without documentary support.
d. Journal entries made near the beginning of accounting periods.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The correct answer is d Journal entries made near the beginning of accounting periods Fraud symptoms ...View the full answer
Answered By
Sarah Khan
My core expertise are:
-_ Finance
-_ Business
-_ Management
-_ Marketing Management
-_ Financial Management
-_ Corporate Finance
-_ HRM etc...
I have 7+ years of experience as an online tutor. I have hands-on experience in handling:
-_ Academic Papers
-_ Research Paper
-_ Dissertation Paper
-_ Case study analysis
-_ Research Proposals
-_ Business Plan
-_ Complexed financial calculations in excel
-_ Home Work Assistance
-_ PPT
-_ Thesis Paper
-_ Capstone Papers
-_ Essay Writing etc...
5.00+
91+ Reviews
92+ Question Solved
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Question Posted:
Students also viewed these Business questions
-
(Multiple Choice) 1. Which of the following is not a fraud symptom related to journal entries? a. Unexplained adjustments to receivables, payables, revenues, or expenses. b. Journal entries that do...
-
(Multiple Choice) 1. Which of the following is true regarding fraud? a. It is easily identified. b. It is seldom observed. c. When a fraud occurs, there is no question whether or not a crime has been...
-
Which of the following is not a fraud symptom related to source documents? a. Duplicate payments. b. Missing documents. c. A tip from an employee. d. Photocopied documents.
-
Amy is domiciled in the UK and has lived in the UK all her life. On 1 January 2020 she leaves to work in Australia for two years, returning on 31 December 2021. During her absence she makes no visits...
-
The purchases journal of Kevin's Kettle, a small retail business, is as follows: REQUIRED 1. Post the total of the purchases journal to the appropriate general ledger accounts. Use account numbers as...
-
A single conducting loop of wire has an area of 7.2 10-2 m2 and a resistance of 110 . Perpendicular to the plane of the loop is a magnetic field of strength 0.88 T. At what rate (in T/s) must this...
-
Is it probable that the population proportion who most admire Sarah Palin is 18% or greater? Explain your reasoning.
-
One cause of the downtime in Problem 3 was traced to a specific piece of computer hardware. Management believes that switching to a different hardware component will result in the following...
-
The balance sheet of Cattleman's Steakhouse shows assets of $85,500 and liabilities of $14,300. The fair value of the assets is $90,600 and the fair value of its liabilities is $14,300. Longhorn paid...
-
Embezzlement of assets reduces the left side of the accounting equation. To conceal the theft, the embezzler must find a way to reduce the right side of the accounting equation. A perpetrator would...
-
Which of the following is not a common internal control fraud symptom or problem? a. Lack of segregation of duties. b. Unexplained adjustments to receivables, payables, revenues, or expenses. c. Lack...
-
The following table shown in the file TextbookCosts shows the breakdown of the costs of a typical college textbook. a. Using the categories of publisher, bookstore, and author, construct a bar chart,...
-
1. Identify an industry that competes internationally (i.e., fast food, clothing, sportswear, automotive, etc). All your companies must be from ONE Industry (you cannot discuss Taco Bell and Nike)....
-
A research article on " Leadership in Project Management: Cultivating Strong Employee-Employer Bonds" shows major findings on why big companies fail in leadership skill practice. How they can...
-
Discuss and Identify the current types of stock, such as common or preferred stock, currently issued, and outstanding. Include a narrative description along with the values and number of shares found...
-
The organization we intend to study is Local Point, a student cafeteria run by UW Housing & Food Services. Our team would like to figure out how to utilize modern technology and rational...
-
Briefly summarize the Coase Theorem (include the 3 key conditions). List the major types of approaches government typically takes to deal with negative externalities. Suppose the demand for...
-
Let A denote an n à n upper triangular matrix. (a) If all the main diagonal entries of A are distinct, show that A is diagonalizable. (b) if all the main diagonal entries of A are equal, show...
-
Avatar Financials, Inc., located on Madison Avenue, New York City, is a company that provides financial advice to individuals and small- to mid-sized businesses. Its primary operations are in wealth...
-
The E-Commerce Dimension How might the Internet expedite formal rulemaking procedures such as those required by the U.S. Court of Appeals for the Ninth Circuit in this case? Discuss.
-
The Ethical Dimension Is it ethical for an administrative agency to reverse or otherwise alter its policy when the change increases the financial burden on the regulated parties? Explain.
-
Suppose that the SEC asserts that it has always had the statutory authority to pursue persons for insider trading regardless of whether they personally profited from the transaction. This is the only...
-
you are analyzing the cost of debt for a firm. Do you know that the firms 14 year maturity, 7.8 Percent coupon bonds are selling at a price of $834. The Barnes pay interest semi annually. If these...
-
***Please answer the following using excel and showcasing the formulas/calculations used*** thank you so much Financial information on AAA Ltd. is shown below. AAA Ltd. Income Statement For the Year...
-
2. In an account Anh Paglinawan currently has $216,670.00. At a rate of 8.00% how long will it take for them to have $298,390.00 assuming semi-annually compounding? (Hint: compute the exact years, do...
Study smarter with the SolutionInn App