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    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 2: The Auditors Responsibilities Regarding Fraud and Mechanisms to Address Fraud: Regulation and Corporate Governance
  5. Question
    Which of the Following Is an Example of Fraud
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Which of the Following Is an Example of Fraud

Question 61

Question 61

Multiple Choice

Which of the following is an example of fraud?


A) A mistake in processing accounting data.
B) An incorrect accounting estimate arising from misinterpretation of facts.
C) Misappropriation of an asset.
D) A mistake in the application of accounting principles.

Correct Answer:

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