Recording an expense to conceal fraud involves making a fictitious journal entry. A faulty journal entry is an example of which fraud symptom?

a. Accounting anomaly
b. Internal control weakness
c. Unusual behavior
d. Analytical anomaly


a
FEEDBACK: a. Correct.
b. Incorrect. Internal control weaknesses include problems with segregation of duties and physical safeguards.
c. Incorrect. Unusual behaviors include increased nervousness, stress, drinking/drug use, insomnia, defensiveness, etc.
d. Incorrect. Analytical anomalies include abnormal overages/shortages and strange financial statement relationships.

Business

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Answer the following statement true (T) or false (F)

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