A Major Difference Between Financial Statement Auditors and Fraud Examiners

question 27

Multiple Choice

A major difference between financial statement auditors and fraud examiners is that most financial statement auditors:

• A)merely match documents to see whether support exists and is adequate.
• B)determine whether the documents are real.
• C)determine whether the expenditures make sense.
• D)check whether all aspects of the documentation are in order.

---

Definitions:

Massed Practice

A learning technique where study or training sessions are bundled together tightly in time, often resulting in rapid learning, but also increased risk of fatigue and potential for lower long-term retention.

Security

Measures, practices, or procedures implemented to protect individuals, assets, or information from harm, theft, or unauthorized access.

Criterion

A standard or rule by which something can be judged or measured.

Training Objectives

Defined goals that a training session or program aims to achieve, outlining the desired outcome for participant learning or performance.