When Comparing the Auditor's Responsibility for Detecting Employee Fraud and for Detecting

question 13

Multiple Choice

When comparing the auditor's responsibility for detecting employee fraud and for detecting errors, the profession has placed the responsibility

• A) more on discovering errors than employee fraud.
• B) more on discovering employee fraud than errors.
• C) equally on discovering errors and employee fraud.
• D) on the senior auditor for detecting errors and on the manager for detecting employee fraud.

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Definitions:

GDP

Gross Domestic Product represents the sum value of all products and services generated within a country's boundaries during a certain timeframe.

Consumption of Services

The action of using services offered in the economy, which can include healthcare, education, and entertainment among others.

Big State University

A hypothetical or generic large public university often used in academic examples.

Tuition

The fee charged for instruction or education, typically by an educational institution such as a school or university.