Which of the Following Is NOT a Fraud Symptom Related

question 28

Multiple Choice

Which of the following is NOT a fraud symptom related to internal control weaknesses?

• A)Lack of segregation of duties
• B)Lack of physical safeguards
• C)Inadequate accounting system
• D)Lack of proper authorization
• E)Excessive turnover of executives

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Definitions:

Unexpectedly High Earning

Financial results that surpass analysts' earnings predictions significantly, often leading to increased stock prices.

High Dividend Payout

A situation where a company pays a large portion of its earnings to shareholders in the form of dividends.

Marginal Tax Rates

The rate at which your last dollar of income is taxed, representing the tax bracket your top income falls into.

Capital Gains

are the increase in value of an investment or real estate, realized when the asset is sold for more than its purchase price.