QUESTION 2 In a company's financial statements, the sale of a business operation must be included in and the sale of the company's core products should be included in a. net income, operating income Ob. operating income, net income O c. operating income, operating income O d. net income, net income QUESTION 3 According to the Finanacial Shenagnigans book, which of the following is NOT a factor that may indicate fraud at a company? O a. The company's auditors charge less than other audit firms for the same services O b. A lack of checks and balances amongst the management team O c. The auditors lack objectivity and the appearance of indpendence Od. Board of Director members that receive loans from the company

In a company's financial statements, the sale of a business operation must be included in a. net income, operating income and the sale of the company's core products should be included in b. operating income, net income c. operating income, operating income d. net income, net income QUESTION 3 According to the Finanacial Shenagnigans book, which of the following is NOT a factor that may indicate fraud at a company? a. The compary's auditors charge less than other audit firms for the same services: b. Alack of checks and balances amongst the management team c. The auditors lack objectivity and the appearance of indpendence d. Board of Director members that recelve loans from the company