Fraudulent Financial Reporting Is a Business Reality

question 3

Multiple Choice

Fraudulent financial reporting is a business reality.While it cannot be eliminated, the risk of fraudulent reporting can be decreased.Which of the following considerations is least likely to lessen that risk?

• A)An independent audit committee
• B)An internal audit function
• C)An increased focus on tying bonuses to short-term company performance
• D)Vigilant management

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Definitions:

Geriatric

Pertaining to the health care of elderly people, focusing on the diagnosis, treatment, and prevention of diseases in older adults.

Obstetrics/Gynecology

A medical specialty focused on childbirth and the care of women's reproductive systems.

Room Temperature

The average ambient indoor temperature, typically considered to be about 20°C (68°F) to 22°C (72°F).

Formal Appearance

The act or requirement of presenting oneself in a prescribed, professionally acceptable manner or attire, often within a work or official setting.