Which of the Following Statements Is True

question 27

Multiple Choice

Which of the following statements is true?

• A)Concealment investigation includes document investigation,physical asset counts,and computer searches.
• B)Most concealment investigation techniques focus on obtaining eyewitness accounts as evidence.
• C)Honesty testing is considered as a concealment investigation technique.
• D)Concealment is generally accomplished by firing employees who will not go along with the fraud.

---

Definitions:

CCA Class

refers to the Capital Cost Allowance Class, a categorization used in Canadian tax to determine the depreciation rate for tax purposes on assets.

Annual Depreciation

The method of allocating the cost of a tangible asset over its useful life on a yearly basis.

Cost of Debt

The effective rate that a company pays on its total debt, reflecting the expense of borrowing funds.

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life.