Which of the Following Is NOT Helpful in Detecting Inadequate

question 18

Multiple Choice

Which of the following is NOT helpful in detecting inadequate disclosure fraud?

• A) A tip or a complaint
• B) Making inquiries of management regarding related-party transactions, contingent liabilities and contractual obligations
• C) Looking for inconsistencies between disclosures and information in the financial statements and other information available
• D) Searching for analytical symptoms in the financial statements

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Definitions:

ABS Braking

A safety feature in vehicles that prevents the wheels from locking up during braking, ensuring better control.

ABS Failure Codes

Diagnostic trouble codes specific to the Anti-lock Braking System, indicating various types of failures or malfunctions.

LED Display

A screen or panel composed of light-emitting diodes, used for visual communication and display in various electronic devices.

EST

Electronic Service Tool, a device or software used for diagnosing and programming the electronic control units (ECUs) of vehicles.