Which of the Following Accounts Is Most Susceptible to Manipulation

question 6

Multiple Choice

Which of the following accounts is most susceptible to manipulation and theft?

• A) insurance expense
• B) long-term loans
• C) cash accounts
• D) share capital

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Definitions:

Law Firm

A business entity formed by one or more lawyers to engage in the practice of law, providing legal services to clients.

Medical Center

A comprehensive health care facility that provides a wide range of medical services including diagnostics, treatment, and surgery.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, authorized to act as a single entity and recognized as such in law for the purposes of conducting business, borrowing funds, suing, and being sued.

Accounts Payable

Money owed by a company to its creditors for goods or services that have been delivered but not yet paid for.