Accountıng I Deneme Sınavı Sorusu #1229471
- Fraud can be classified into two common types according to their impacts on financial statements.
- In misappropriation of assets usually employee tries to cover the fraud up with an inaccurate entry or tries to steal the asset before recording process.
- Fraud can results from the conflict of different parties’ interests.
Which of the statements above is true for fraud?
|
Only I |
|
Only II |
|
I and II |
|
II and III |
|
I, II and III |
Yanıt Açıklaması:
- Fraud can be classified into two common types according to their impacts on financial statements.
- In misappropriation of assets usually employee tries to cover the fraud up with an inaccurate entry or tries to steal the asset before recording process.
- Fraud can results from the conflict of different parties’ interests.
- All of the statements above are true for fraud.
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