Vidyalelo
Commerce · Q173

Auditing

Graduate and Post Graduate · Commerce · question 173

Q173

Which of the following is NOT a reason for fraud?

A.
Absence or laxness in internal control
B.
Overstatement of stock
C.
Understatement of purchases
D.
Keeping voucher for monetary transactions
Answer
E.
Misappropriation of cash and goods

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board