Which of the Following Conditions Is the Strongest Indicator of Possible

question 62

Multiple Choice

Which of the following conditions is the strongest indicator of possible fraud?

• A) An assistant treasurer who refuses to take vacations.
• B) Independent reconciliations of subsidiary to general ledgers that are not always completed on a timely basis.
• C) A condition of excess manufacturing waste material.
• D) A manager who is often over budget at the end of a reporting period.

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Definitions:

Self-Concept

An individual's comprehensive understanding and awareness of themselves, encompassing self-image, self-esteem, and the attitudes one holds about oneself.

Humanistic Approach

A psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer, but also through the eyes of the person doing the behaving.

Optimistic View

A mindset that tends to expect favorable outcomes and focuses on positive aspects of a situation.

Human Nature

The inherent characteristics, behaviors, and traits shared by all humans.