Which of the Following Is a Factor That Relates to "Incentives

question 17

Multiple Choice

Which of the following is a factor that relates to "incentives or pressures" to commit fraudulent financial reporting?

• A)significant accounting estimates involving subjective judgments
• B)excessive pressure for management to meet debt covenant requirements
• C)management's practice of making overly achievable forecasts
• D)high turnover of accounting,internal audit,and information technology staff

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Definitions:

Range Of Prices

A spectrum or interval between the lowest and highest prices at which goods or services are sold in the market.

Cups Of Soup

A measure of quantity often used in food service to represent single servings of soup.

Trade

Trade involves the exchange of goods, services, or both, between parties, which can be within an economy (domestic trade) or between economies (international trade).

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity.