Which of the Following Is the Most Likely Reason Fraud

question 40

Multiple Choice

Which of the following is the most likely reason fraud within a company is detected?

• A) Internal audits are conducted both routinely and unexpectedly.
• B) External auditors have become more knowledgeable in how to look for fraud.
• C) Internal controls have become more sophisticated.
• D) Employees who have suspicions about possible fraud report them.

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Definitions:

World Price

The worldwide market value of a product or service, determined by international supply and demand dynamics.

Baseballs

Baseballs are the spherical sporting equipment used in the game of baseball, consisting of a cork core wrapped in yarn and covered with leather.

Import Quota

A government-imposed limit on the quantity or monetary value of a certain good that can be imported into a country.

Domestic Production

The total value of all goods and services produced within a country's borders.