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the Fraud Examiners Manual, which of the following best describes1 liabilities? A promises an entity has made in the general course of doing business. B.

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the Fraud Examiners Manual, which of the following best describes1 liabilities? A promises an entity has made in the general course of doing business. B. legally enforceable agreements to pay third parties. C. obligations of an entity or outsider's claims against a company's assets D. all probable commitments to pay amounts in the future. 10. A fraud examiner who is investigating the disappearance of $5,000 in cash funds finds a debit in the legal expense account and a corresponding credit in the cash accounting for $5,000 but cannot find genuine documentation for the charge. What can the fraud examiner infer? A. the fraud examiner can conclude that a perpetrator has attempted to conceal the theft by labeling the misappropriated $5,000 as a legal1 expense B. the fraud examiner can be reasonably certain that a perpetrator has attempted to conceal the theft by labeling the misappropriated $5,000 as a legal expense. C. the fraud examiner can reasonably suspect that a perpetrator might have attempted to conceal the theft by labeling the misappropriated $5,000 as a legal expense. D. the fraud examiner cannot infer anything from the failure to find genuine documentation for the charge. 11. Per the Fraud Examiners Manual, what method(s) of accounting is required by generally accepted accounting A. the cash-basis. B. cash-basis or accrual-basis C. the modified accrual-basis. D. the accrual-basis. 16. 12. Per the Fraud Examiners Manual, what is one of the advantages provided by requiring a Statement of Cash Flows A, the Statement of Cash Flows shows the net increase (or decrease) in B. the Statement of Cash Flows shows the cash at the beginning of the C. the Statement of Cash Flows shows the cash at the end of the year D. it is much harder to falsily the amount of cash that was received and paid during the year Any act of academic dishonesty will resul

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