Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting?
A. Sales goals in excess of any of the preceding three years.
B. Low turnover of senior management.
C. Extreme degree of competition within the industry.
D. Capital structure including various operating subsidiaries.
Answer: C
You might also like to view...
______________________________ is the modification of existing applications
Fill in the blank(s) with correct word
An advertisement for the Four Seasons Hotel featured Marlene Wei, a housekeeper at the Four Seasons Hotel in Chicago. Copy for the advertisement noted that "Marlene is the soul of concern. She cannot sleep well at night unless she is certain you will. Her mission is to enhance your personal comfort and, in turn your professional efficiency the following day." By featuring Marlene Wei in an advertisement, the Four Seasons Hotel is ________ to address service intangibility.
A. Featuring service employees in advertising B. Leveraging social media C. Using brand icons D. Using viral marketing E. Using documentation
Auditing reporting standards for financial statement and integrated audits require auditors to provide which of the following?
a. Positive assurance. b. Negative assurance. c. Materiality assurance. d. No assurance.
When composing a presentation, content should _____
A) change the audience's opinion B) engage the audience and meet their needs C) be presented in bullet points D) include design elements that provide distraction E) include a variety of visual aids