Which of the Following Is Least Likely to Indicate Possible

question 18

Multiple Choice

Which of the following is least likely to indicate possible financial statement fraud?

• A) Purchase of a small competitor that resulted in goodwill
• B) Transactions that generate nonoperating income
• C) An unusually large transaction that resulted in income for the organization
• D) Financing transactions between related parties

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Definitions:

Bulimia

An eating disorder marked by binge eating followed by methods to avoid weight gain, such as vomiting, fasting, or excessive exercise.

Amenorrhea

The absence of menstruation - one or more missed menstrual periods.

Tooth Enamel

The hard, outer surface layer of teeth that protects against decay, temperature extremes, and chemicals, making it the hardest tissue in the body.

Attention Deficit Hyperactive Disorder

A neurodevelopmental disorder characterized by problems with focus, hyperactivity, and impulsiveness.