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Which of the Following Is NOT a Red Flag of Improper

Question 28

Multiple Choice

Which of the following is NOT a red flag of improper financial disclosure?


A) Domination of management by a single person or small group in a non-owner-managed business with no compensating controls
B) Used by the company of a non-Big Four accounting firm
C) Ineffective board of directors or audit committee oversight of the financial reporting process and internal control
D) Ineffective communication, implementation, support, or enforcement of the entity's values or ethical standards by management

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