Which of the Following Procedures Is Not a Fraud-Related Audit

question 66

Multiple Choice

Which of the following procedures is not a fraud-related audit procedure used to respond to identified fraud risk factors?

• A)Physically inspect tangible assets,including major additions,and agree serial numbers with invoices or other supporting documents.
• B)Use the work of a specialist for asset valuations,including impairments.
• C)Confirm the terms of significant additions of property or intangibles with other parties involved in the transaction.
• D)All of the above are fraud-related audit procedures.

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Definitions:

Anorexia Nervosa

A mental health disorder characterized by an intense fear of gaining weight and a distorted body image, leading to severe restriction of food intake and weight loss.

Substance Abuse

The unsafe or adverse use of psychoactive substances, covering both alcohol and illicit drugs.

Personality Disorder

A mental disorder defined by persistent unhealthy patterns of thought, behavior, and internal experience.

Anorexia Nervosa

An eating disorder characterized by a distorted body image and an unreasonable fear of gaining weight, leading to excessive weight loss.