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An Independent Auditor Finds That Hollow Pty Ltd Occupies Office

Question 17

Multiple Choice

An independent auditor finds that Hollow Pty Ltd occupies office space, at no charge, in an office building owned by a shareholder of Hollow Pty Ltd. This finding indicates the existence of:


A) management fraud.
B) related-party transactions.
C) window dressing.
D) weak internal control.

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