While discussing your class schedule with a friend who is an accounting major, your friend describes why
Question:
“With advances in audit technology and the increased digitalization of business records, fraud detection is a dying part of a financial statement audit.” How would you respond?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
As fraud detection methods get more sophisticated so do fraud perpetrati...View the full answer
Answered By
Milan Mondal
I am milan mondal have done my Msc in physics (special astrophysics and relativity) from the University of burdwan and Bed in physical science from the same University.
From 2018 I am working as pgt physics teacher in kendriya vidyalaya no2 kharagpur ,west bengal. And also I am doing advanced physics expert in chegg.com .also I teach Bsc physics .
I love to teach physics and acience.
If you give me a chance I will give my best to you.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Question Posted:
Students also viewed these Business Law questions
-
You have a friend who is considering purchasing some shares in LookFool Ltd. The shares are currently trading on the stock exchange at $3.58 each. The entity's financial statements suggest that the...
-
A friend who is approaching retirement is discussing her investment plan. She tells you that she wants to find a mutual fund that invests in stock of companies with high fixed costs, such as...
-
How many grams of sucrose (C2H01) must be added to 483 g of water to give a solution with a vapor pressure 0.825 mmHg less than that of pure water at 20 C? Be sure your answer has the correct number...
-
A manufacturer of cases for sound equipment requires that holes be drilled for metal screws. The drill bits wear out and must be replaced; there is expense not only in the cost of the bits but also...
-
Determine whether each of the following changes in profitability ratios normally is good news or bad news about a company. a. Increase in profit margin. b. Decrease in asset turnover. c. Decrease in...
-
Limited Liability Companies. Joe, a resident of New Jersey, wants to open a restaurant. He asks his friend Kay, who is an experienced attorney and a New Yorker, for her business and legal advice in...
-
What do the Schedule Performance Index and the Cost Performance Index demonstrate? How can a project manager use this information to estimate future project performance?
-
Suppose that the SEC asserts that it has always had the statutory authority to pursue persons for insider trading regardless of whether they personally profited from the transaction. This is the only...
-
Number of points made by Teams A and B are shown. Which statement is true based on running the F-Test Two-Sample for Variances in the Data Analysis pack in Excel? Use a confidence level of 10% to...
-
A travel and tour company has two tables relating to customers: Families and Countries. Each tour offers a discount if a minimum number of people book at the same time. Write a query (sql oracle)to...
-
Upon hearing that you are enrolled in a fraud class, a manager of a local business asks, I dont understand what is happening with all these major scandals such as the Bernie Madoff scandal, the...
-
After telling one of your parents that you want to be a fraud examiner after graduation, your parent expresses concerns about your career choice. How would you explain to your father the kind of...
-
Evaluate the expression. |-10|
-
On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 76,000. SunTime's December 31, 20X1, trial...
-
In November 2 0 2 4 , Lily informed you that she needs additional cash flow to meet her personal debt obligations. Lily does not want to sell more stock than she needs to because she wants...
-
Bennett limited provides mobile library services to the community of longbourn. bennett has preliminary operating results for the first year and the company found that net income is different from...
-
What is printed when the value of x is 34? if (x < 32 ) { if (x22) { } System.out.println("Blue"); else if (x <10) { } System.out.println("Red"); else if (x > 25 ) { System.out.println("Yellow"); } }...
-
Heidi expresses concern in the video that when employees are also friends, holding them accountable for performance "doesn't come as naturally" to her. She asks you, "Does my focus on relationship...
-
Which forms of power do you consider to be the strongest? Which types of power do you currently have? How could you go about obtaining higher levels of the forms that youre lacking? LO1.
-
Assume that a trial balance is prepared with an account balance of $21,360 listed as $21,630 and an account balance of $1,500 listed as $15,000. Identify the transposition and the slide.
-
Fraud examiners should never: a. Express any recommendations b. Express any opinions c. Express any opinion on guilt or innocence of the subject d. Express any conclusions
-
Did the trial court abuse its discretion by striking Robins Woods answer?
-
Did Jones make out a claim of sexual harassment?
-
What is wrong with this statement: The jury determined that Walter was lying when he said the parties had orally agreed on an employment deal; however, based on Walters demeanor on the witness stand,...
-
Bought an old van for 4000 from Peters promising to pay laterwhat is the transactions
-
Company has a following trade credit policy 1/10 N45. If you can borrow from a bank at 9,5% annual rate, would it be beneficial to borrow money and pay off invoices earlier?
-
Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable inter-market arbitrage opportunity? 129.87/$1.1226/$0.00864/ 114.96/ B $0.8908/ (C)...
Study smarter with the SolutionInn App