Betty's Job Entails Detecting Problems Such as Embezzlement, Waste, Mismanagement

question 72

Multiple Choice

Betty's job entails detecting problems such as embezzlement, waste, mismanagement, and employee theft at her organization. In this case, Betty is a(n) _____.

• A) forensic auditor
• B) government accountant
• C) internal auditor
• D) certified public accountant

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Definitions:

Cash Account

An account that records all cash transactions, including cash receipts and cash payments, within a business.

Raw Materials Inventory

The total cost of all raw materials that are yet to be used in the production process.

Standard Costs

The preset costs for delivering a product or service under normal conditions.

Pounds

Pounds refer to a unit of mass used in the imperial system, or can also refer to the British currency (GBP).