Which of the Following Would Be an Appropriate Approach to Detecting

question 13

Multiple Choice

Which of the following would be an appropriate approach to detecting questionable accounting treatment?

• A) Compare the amount of tax a company pays with their reported profit figures
• B) Compare the company's asset with their liabilities
• C) Compare the company's dividend yield with their P/E ratio
• D) Compare the company's share price with their reported profit

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Definitions:

Educational System

The structured and institutionalized set of policies, practices, and processes designed to impart knowledge, skills, and cultural values to individuals in a society.

Hidden Curriculum

The unwritten, unofficial, and often unintended lessons, values, and perspectives that students learn in school.

Good Citizens

Individuals who contribute positively to society through their actions, behaviors, and adherence to laws and societal norms.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.