A Faulty Journal Entry Is an Example of Which Kind

question 8

Multiple Choice

A faulty journal entry is an example of which kind of fraud symptom?

• A) Accounting anomalies
• B) Internal control weaknesses
• C) Unusual behaviors
• D) Analytical anomalies

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Definitions:

Portfolio

An assortment of financial assets comprising stocks, bonds, commodities, alongside cash and cash equivalents, as well as closed-end funds and exchange traded funds (ETFs).

Portfolio Beta

A measure that evaluates the risk of an investment portfolio by determining how sensitive it is to market movements.

Risk-Free Asset

An investment with a guaranteed return and no risk of loss, often exemplified by government bonds.