Fraudulent Accounting Practices Do Not Just Occur in Firms Who

question 239

Multiple Choice

Fraudulent accounting practices do not just occur in firms who do not have on site accountants. According to the Legal Briefcase box provided in your textbook, illegal and questionable accounting practices have been the demise of some large multi-national corporations. The professionals assigned to investigate these improprieties are:

• A)forensic accountants
• B)certified public accountants
• C)independent auditors
• D)certified financial planners

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Definitions:

Cognitive Needs

Mental requirements essential for the growth and development of an individual, such as knowledge, comprehension, and curiosity.

Overprotected

A situation where an individual is shielded excessively from potential risks or harms, possibly hindering their development or independence.

Self-Actualization

The process of realizing and fulfilling one's potential, talents, and capabilities, considered the highest level of psychological development in Maslow's hierarchy of needs.

Metapathology

The absence of values, lack of fulfillment, and the void that results from failing to actualize one’s self, according to Maslow’s theories.