Which of the Following Statements Is the Most Correct Regarding

question 158

Multiple Choice

Which of the following statements is the most correct regarding errors and fraud?

• A) An error is unintentional, whereas fraud is intentional.
• B) Frauds occur more often than errors in financial statements.
• C) Errors are always fraud and frauds are always errors.
• D) Auditors have more responsibility for finding fraud than errors.

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Definitions:

Phonemes

The basic and distinct units of sound in a specified language that distinguish one word from another.

Semantics

The branch of linguistics and logic concerned with meaning, including the study of signs, symbols, language, and their significant content.

Psycholinguistics

The study of how language is acquired, produced, and used and how the sounds and symbols of language are translated into meaning.

Linguistics

The scientific study of language and its structure, including the study of morphology, syntax, phonetics, and semantics.