​Which Individual Listed Is Most Likely to Commit Financial Statement

question 36

Multiple Choice

​Which individual listed is most likely to commit financial statement fraud in order to benefit an organization?

• A)​an executive
• B)​an internal auditor
• C)​a floor manager (line supervisor)
• D)​the company Treasurer

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Definitions:

Subcontracting

The practice of assigning or outsourcing part of the obligations and tasks under a contract to another party known as a subcontractor.

Stockouts

Instances when items are not available for sale due to insufficient stock.

Aggregate Planning

A production planning method that determines the necessary resources to meet projected demand over a future period, typically medium-term.

Subcontracting

The process of assigning or outsourcing part of the obligations and tasks of a contract to another party, usually to specialize in that aspect of the work.