Multiple Choice
An auditor discovers that the company's bookkeeper unintentionally made a mistake in calculating the amount of the quarterly sales. This is an example of
A) employee fraud.
B) an error.
C) misappropriation of assets.
D) a defalcation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q63: In a situation where the auditor is
Q64: Determining that the footnote disclosures related to
Q65: Management's disclosure of the amount of unfunded
Q66: In testing for cutoff, the objective is
Q67: The auditor's best defense when material misstatements
Q69: Which of the following statements is true
Q70: Which of the following is not one
Q71: Recent academic research on the topic of
Q72: Auditors often convince themselves that they only
Q73: During the professional judgment process, it is