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Question 55 (5.92 points) Fraudulent financial reporting is the intentional misstatement of, or a(n) _________ the financial statements, made with the intent to deceive financial

Question 55 (5.92 points)

  1. Fraudulent financial reporting is the intentional misstatement of, or a(n) _________ the financial statements, made with the intent to deceive financial statement users.

Question 55 options:

Suspicion on

Condition in

Addition to

Omission from

Question 56 (5.92 points)

  1. For purchasing card data it is normal that there are no negative numbers from credits, refunds, or other miscellaneous adjustments

Question 56 options:

True
False

Question 57 (5.98 points)

A time-series is a sequence of the successive values of an expense or revenue stream in units or dollars over unequally spaced time intervals

Question 57 options:

True
False

Question 58 (5.92 points)

If a single check kiting predictor was given a weighting of zero, then ________.

Question 58 options:

Final scores could not be calculated because we cannot divide by zero

This predictor would have no influence on the final scores

All the final scores would equal zero because any number times zero is zero

This predictor would be the only predictor influencing the final scores

Question 59 (5.92 points)

The IRS audit selection method is conducive to the auditor conducting a simple correspondence audit, office audits, or field audits

Question 59 options:

True
False

Question 60 (5.92 points)

  1. The use of cards is an efficient way of simplifying and speeding up the purchases of ______ transactions.

Question 60 options:

High value

Cash

Foreign

Low-value

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