All of the following are indicators of financial statement fraud except: a. Unusually rapid growth of profitability.
Question:
All of the following are indicators of financial statement fraud except:
a. Unusually rapid growth of profitability.
b. Threat of a hostile takeover.
c. Dependence on one or two products.
d. Large amounts of available cash.
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The answer is d Large amounts of available cash While large amounts of cash may seem like a positive ...View the full answer
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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