When Comparing the Auditor's Responsibility for Detecting Employee Fraud and for Detecting

question 66

Multiple Choice

When comparing the auditor's responsibility for detecting employee fraud and for detecting errors,the profession has placed the responsibility

• A)more on discovering errors than employee fraud.
• B)more on discovering employee fraud than errors.
• C)equally on discovering either one.
• D)on the senior auditor for detecting errors and on the manager for detecting employee fraud.

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Definitions:

Reaction

An operation where materials react, resulting in the creation of new materials with different chemical and physical attributes.

Reaction

A process in chemistry in which one or more substances, the reactants, undergo a transformation to form new substances, the products.

Reaction

A process where one or more substances are converted into different substances through the breaking and forming of chemical bonds.

Reaction Product

The materials that result from chemical reactions.