An auditor might is most likely to suspect the existence of undisclosed related parties by noticing:
A)Large sales transactions.
B)Abnormal long collection terms for a receivable.
C)A large number of sales to numbered corporations.
D)A significant increase in sales over the prior year.

Question

Quizplus · Accepted Answer

Abnormal long collection terms for a receivable may indicate transactions with related parties who are given preferential terms, which might not be disclosed.

An Auditor Might Is Most Likely to Suspect the Existence