Multiple Choice
Which of the following might alert an auditor to the possibility of fraud in a division?
A) The division is not scheduled for an external audit this year. II. Sales have increased by 10 percent. III. A significant portion of management's compensation is directly tied to reported net income of the division.
B) I only
C) III only
D) I and II only
E) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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