Which of the following is a documentary symptom associated with revenue-related fraud?
A) Unusual delays by the entity in providing revenue-related, requested information
B) Weaknesses in the cutoff processes or other key accounting processes
C) Unsupported or unauthorized revenue-related balances or transactions
D) Unusual relationships between two revenue-related accounts

Question

Quizplus · Accepted Answer

Unsupported or unauthorized revenue-related balances or transactions are a common symptom of revenue-related fraud. This includes recording revenue for sales that never occurred, recording fictitious sales, or manipulating accounts to boost revenue figures. Uncovered by audit.

Which of the Following Is a Documentary Symptom Associated with Revenue-Related