While Reviewing the Books at His Firm, Chad Cooper Noticed

question 37

Multiple Choice

While reviewing the books at his firm, Chad Cooper noticed discrepancies between how the firm recorded revenues last year and how it elected to record revenues during the recent quarter of the current year. As a recent business graduate, Chad felt confident that the changes needed clarification. To get another opinion, Chad suggested to the company's controller that the firm solicit _______________.

• A) the assistance of the Government Accounting Standards Board.
• B) the services of a certified internal auditor.
• C) the services of a senior executive at the IRS.
• D) the services of an independent auditor.

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Definitions:

Important Message

A communication that conveys critical information, requiring immediate attention or action.

Phone Communication

The exchange of information between individuals through voice calls over telecommunication devices.

Courteous

Characterized by politeness and gracious good manners.

Dinner Meeting

A formal gathering that combines a meal with a discussion or presentation, often used in business or professional settings.