Which of the Following Statements Is TRUE

question 54

Multiple Choice

Which of the following statements is TRUE?

• A)External auditors are usually specifically trained to detect fraud.
• B)Audits of books and records rarely discover frauds.
• C)Less than 5 percent of all frauds are detected by auditors.
• D)The presence of auditors provides a major deterrent effect.

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Definitions:

Default Value

A pre-set value automatically assigned to a database field or programming variable if no value is specified by the user or the program.

New Record

The action of adding a fresh entry into a database or a data storage system.

AutoEntry

A feature in software that automatically fills in fields with predefined values or values based on previous entries, speeding up data entry.

Is Null

A condition in databases used to check if a field's value is absent or contains no data.