Which of the following could be an example
of fraud?
a. Misappropriation of assets or group
of assets.
b. Errors in the application of the
accounting principles.
c. Clerical errors in accounting data
underlying the financial statements.
d. Misinterpretation of facts that existed
when financial statements were
prepared.
of fraud?
a. Misappropriation of assets or group
of assets.
b. Errors in the application of the
accounting principles.
c. Clerical errors in accounting data
underlying the financial statements.
d. Misinterpretation of facts that existed
when financial statements were
prepared.