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While Reviewing the Company's Financial Records at Year-End John Notices

Question 6

Multiple Choice

While reviewing the company's financial records at year-end John notices two interesting facts, 1) the trial balance does not balance, 2) more entries were made in the first half of the year than the last. Which are large red flags of fraud?


A) 1
B) 2
C) 1 and 2
D) Neither

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