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Which of the Following Is an Example of Fraudulent Financial

Question 1

Multiple Choice
Which of the following is an example of fraudulent financial reporting (management fraud)?
A)intentional overstatement of sales to increase reported earnings
B)managers or others taking bribes from accounts payable suppliers
C)the purchasing manager submitting travel expenses twice (i.e.duplicate payment)
D)a clerk taking cash at the time a sale is made and not recording the sale

Which of the following is an example of fraudulent financial reporting (management fraud) ?


A) intentional overstatement of sales to increase reported earnings
B) managers or others taking bribes from accounts payable suppliers
C) the purchasing manager submitting travel expenses twice (i.e.duplicate payment)
D) a clerk taking cash at the time a sale is made and not recording the sale

Correct Answer:

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