Asset frauds are often easier to detect than other types of financial statement fraud because:
a. overstated assets are always included on the balance sheet.
b. of the off-book nature of asset frauds.
c. asset overstatements are almost always quite significant.
d. sufficient information will be provided in the notes to financial statements.
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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