Which of the following may indicate management fraud?
a. The name of a relative of a member of upper management is suggested to fill a Board of Directors vacancy.
b. Increases and decreases in inventory fluctuates from period to period.
c. Inconsistencies exist between what management is telling the auditor and what the auditor observes.
d. Several mistakes are discovered in the inventory records.
c
FEEDBACK: a. Incorrect, this is not an indication of potential fraud.
b. Incorrect, fluctuations are expected.
c. Correct.
d. Incorrect, mistakes are not indicative of possible fraud.
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The Dehl Company payroll for the first week in January was $10,000 . The amount of income tax withheld was 12 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. The amount of the employer's payroll taxes are:
a. $2,600. b. $1,200. c. $1,300. d. $1,400.
Successfully determining and providing for the key drivers comes about through ______.
a. pure luck, for the most part b. extensive research on customer complaints c. extensive planning based on guest feedback d. organizational information systems
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Fill in the blank(s) with the appropriate word(s).
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A. Greek. B. Abrahamic/West Asian. C. Indian. D. Mesopotamian.