The excess credits (or debits) on the income statement are used to decrease (or increase) the equity account.
Correct Answer:
B
Skimming is:
Correct Answer:
A
Another way to eliminate competition in the solicitation phase of the selection process is to:
Correct Answer:
A
Physical assets including ______ and ______ are the most commonly misappropriated noncash asset in our study.
Correct Answer:
B
If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:
Correct Answer:
A