Multiple Choice
Which of the following statements about fraud or fraud detection is true?
A) Management may physically alter evidence to perpetrate and conceal the fraud.
B) Fraudulent financial reporting is generally not material enough to consider.
C) Journal entries will supply evidence necessary to detect fraud.
D) The advent of new technology prevents fraud,thereby leading to less fraud over time.
Correct Answer:

Verified
Correct Answer:
Verified
Q103: According to professional audit standards,the audit team
Q104: Which of the following statements about the
Q105: Fraud is an intentional act involving the
Q106: Professional skepticism is required on audit engagements
Q107: Which of the following creates an opportunity
Q109: The onslaught of fraud in financial statements
Q110: Which of the following is not one
Q111: The auditor has a responsibility to design
Q112: Which of the following is a specific
Q113: The auditor should not consider that fraud