Which of the following relatively small misstatements most likely would have a material effect on an entity's financial statements?
A. A piece of obsolete office equipment that was not retired.
B. A petty cash fund disbursement that was not properly authorized.
C. An uncollectible account receivable that was not written off.
D. An illegal payment to a foreign official that was not recorded.
Answer: D
You might also like to view...
Which of the following is defined as an employee’s desire to remain a member of an organization?
A. job satisfaction B. organizational behavior C. organizational commitment D. turnover intent
The lettuce, tomatoes, patty, bun, and ketchup are included in which category of making a hamburger?
A. Process B. Output C. Input D. All of these
Which theory focuses predominantly on how the leader’s activities relate to the followers and the context in which followers find themselves?
A. trait B. LMX C. adaptive D. authentic
The set of computing hardware, network hardware and system software used by an organization is called the _________
a. application architecture b. technology architecture c. system architecture d. client/server architecture