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Question 2 2 pts When an internal control system fails, which of the following is the most common fraud committed in the financial accounting arena?

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Question 2 2 pts When an internal control system fails, which of the following is the most common fraud committed in the financial accounting arena? Revenues are inflated O Assets are inflated Bogus employees are created Bogus suppliers are created Question 3 2 pts Last year, Smith Company sold 10,000 units of its only product. The company is anticipating an increase in unit sales of 15% in the next year. For the next year, total variable cost will: Increase Remain the same Decrease

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