ACCT 562
Texas A&M University
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ACCT 562 QUIZZES & MIDTERM EXAMS COLLECTION
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ACCT 562 QUIZZES & MIDTERM EXAMS COLLECTION
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ACCT 562 QUIZZES & MIDTERM EXAMS COLLECTION
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ACCT 562 QUIZZES & MIDTERM EXAMS COLLECTION
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ACCT 562 SAMPLE MULTIPLE CHOICE QUESTIONS AND ANSWERS
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ACCT 562 SAMPLE MULTIPLE CHOICE QUESTIONS AND ANSWERS
Chapter Five
87. The most common method of detecting occupational fraud is:
a. External auditors.
b. Internal auditors.
c. Accident.
d. Tips.
88. A company has a 22% profit margin and has employee fraud of $220,000. Calculate the additional revenue needed to offset this lost income.
a. $540,000.
b. $720,000.
c. $820,000.
d. $1,000,000. ($220,000/.22)
90. Which is an incorrect statement?
a. Cash flow analysis may indic...
Exam (elaborations)
ACCT 562 SAMPLE MULTIPLE CHOICE QUESTIONS AND ANSWERS
Last document update:
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ACCT 562 SAMPLE MULTIPLE CHOICE QUESTIONS AND ANSWERS Chapter Five 87. The most common method of detecting occupational fraud is: a. External auditors. b. Internal auditors. c. Accident. d. Tips. 88. A company has a 22% profit margin and has employee fraud of $220,000. Calculate the additional revenue needed to offset this lost income. a. $540,000. b. $720,000. c. $820,000. d. $1,000,000. ($220,000/.22) 90. Which is an incorrect statement? a. Cash flow analysis may indic...
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