Horizontal Analysis Can Be Used in Fraud Detection by ________

question 18

Multiple Choice

Horizontal analysis can be used in fraud detection by ________.

• A)checking the trend in earnings from year to year of persons suspected of fraud
• B)looking for significant changes in financial statement amounts and ratios across several fiscal periods
• C)looking for odd relations of one account to a base such as sales
• D)looking for the change in net worth of a suspect from the beginning to the end of a period

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Definitions:

Government Purchase

Expenditures by the government on goods and services that are part of the country's Gross Domestic Product (GDP).

Military Aircrafts

Military aircrafts are aircrafts used by the armed forces of countries for defense, attack, and transport purposes, including fighters, bombers, and transport planes.

Interstate Highway

A network of controlled-access highways that form part of the National Highway System in the United States.

Public School

An educational institution funded and operated by the government, providing free education to students.