Which of These Increases in Variables Would NOT Increase the Available

question 2

Multiple Choice

Which of these increases in variables would NOT increase the available accounting discretion?

• A)A decrease in the risk of litigation,degree of buyer protection and degree of enforcement
• B)An increase in the number of board members who are also internal company members
• C)An increase in audit quality
• D)An increase in ownership concentration

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Definitions:

Probable Cause

Any essential element and/or standard by which a lawful officer may make a valid arrest, conduct a personal or property search, or obtain a warrant.

Arrest Warrant

A document issued by a judge or magistrate that authorizes the arrest and detention of an individual.

Reasonable Suspicion

A standard used in criminal procedure that allows law enforcement to initiate an investigation or make an arrest, based on specific and articulable facts that suggest criminal activity is afoot.

Criminal Fraud

The act of deliberately deceiving another individual or entity with the intention of causing damage, often financial.