Which of the Following Is the Most Effective Method of Identifying

question 34

Multiple Choice

Which of the following is the most effective method of identifying potential earnings management attempts?

• A)Analytical procedures.
• B)Detailed substantive procedures.
• C)Inquiry of client management and key financial personnel.
• D)Scanning accounts for unusual items.

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Definitions:

Evidence-Based

Decision-making or practices that are grounded in and informed by research and empirical evidence.

Problem

A situation, question, or matter that needs to be solved or clarified.

Alternative Solutions

refers to different options or approaches available to solve a problem or address a situation, enabling decision-makers to evaluate the best course of action.

Fashion Business

The industry focused on the design, manufacturing, marketing, and sale of clothing, footwear, and accessories.