All of the Following Are in a Position to Commit

question 48

Multiple Choice

All of the following are in a position to commit fraud except:

• A) Employees who have access to assets
• B) Top management who can override internal controls
• C) External auditors who audit the financial statements
• D) Internal auditors who test internal controls

---

Definitions:

Production Process

The method of converting raw materials into finished products through a series of steps and operations.

Production Lead Time

The total time taken from the beginning of production to the product's completion and readiness for delivery.

Order-Level Costs

Expenses directly related to a specific order, including purchasing, handling, and setup costs.

Suppliers

Businesses or individuals that provide goods or services to another entity under terms specified in a contract or agreement.