Which of the Following Is Least Likely to Indicate Possible

question 23

Multiple Choice

Which of the following is least likely to indicate possible financial statement fraud? ​

• A)​purchase of a small competitor that resulted in goodwill
• B)​transactions that generate nonoperating income
• C)​an unusually large transaction that resulted in income for the organization
• D)​financing transactions between related parties

---

Definitions:

Survey Feedback

A process that involves collecting data through questionnaires to gather opinions or feedback, which is then used for making informed decisions or improvements.

Diagnostic Tool

Instruments, tests, or procedures used to identify diseases, conditions, or dysfunctions in individuals.

Process Consultation

A method of organizational development where a consultant helps a client understand and improve their internal processes.

Organizational Problems

Issues or challenges that hinder an organization's ability to achieve its objectives, often requiring strategic solutions.