What factor has caused an escalation of check forgeries in recent years?
a. the increased use of EDI
b. the availability of cheap color printers
c. a lack of control plans to control automated funds transfer
d. a repeal of severe civil and criminal penalties for such crimes
B
You might also like to view...
Which of the following terms best describes the numerical depiction of the relationship between control risk, inherent risk, detection risk, and audit risk?
a. Audit risk model. b. Risk of misstatement model. c. Significance model. d. Materiality equation.
Which of the following is least effective at conveying negative information as clearly and kindly as possible?
A) Embed the bad news in the middle of the paragraph. B) Suggest you might reverse the decision if circumstances change. C) Emphasize what you can do rather than what you cannot do. D) Imply the bad news instead of specifically stating the news. E) Minimize the space devoted to the news.
The entry required to record start-up and organization costs will cause an increase in assets
Indicate whether the statement is true or false
Reilly's law is an example of a(n) _____ model
a. regression b. analog c. gravity d. trend