Which of the Following Is NOT One of the Ways

question 8

Multiple Choice

Which of the following is NOT one of the ways in which a fraud investigation must be conducted?

• A)Investigators should be experienced and objective professionals.
• B)Investigators should closely guard all hypotheses regarding guilt or innocence of individuals being investigated.
• C)Investigators should not keep management apprised of the investigations process.
• D)Investigators must be sure to follow appropriate investigative techniques.

---

Definitions:

Operating Cycle

The period it takes for a company to purchase inventory, sell it, and convert the sale into cash.

Bonds Payable

Long-term liabilities representing borrowed money that a company must repay to bondholders, typically with periodic interest payments.

Long-Term Investment

Investments in securities or assets intended to be held for several years or more to generate long-term returns.

Cash Surrender Value

Cash surrender value is the amount of cash that a life insurance policyholder can receive upon the cancellation of their policy before its maturity or the insured event.