1. which of these methods of perpetrating financial statement fraud is usually the first one tried by fraudsters?

a. playing the accounting system

b. beating the accounting system

c. going outside the accounting system

d. changing the conceptual framework

2. A financial statement fraudster may make many small adjustments rather than one large adjustment. Which financial statement concept makes this practice harder to find?

a. going concern

b. matching

c. materiality

d. full disclosure

3. A financial statement fraudster may change accounting methods, for example from LIFO to FIFO in order to mask a change in earnings or do enhance a change in earnings. This abuse violates which accounting principle?

a. cost-benefit

b. matching

c. consistency & comparability

d. relevance & reliability