Use of the A-IFRS and auditors has eliminated the danger of inadvertent or deliberate fraud in financial statements.

Name: Use of the A-IFRS and auditors has eliminated the danger of inadvertent or deliberate fraud in financial statements.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

The use of A-IFRS and auditors can help detect and deter fraud, but it does not completely eliminate the possibility of its occurrence. Fraud can still happen due to human error, collusion, or intentional misrepresentation.

Use of the A-IFRS and Auditors Has Eliminated the Danger