ACCT 212 ACCT212 Week 3 Checkpoint Answers

ACCT 212 ACCT212 Week 3 Checkpoint Answers

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ACCT 212 ACCT212 Week 3 Checkpoint Answers

  1. (TCO 5) The three main components of the fraud triangle are
  2. (TCO 5) Which of the following is a true statement regarding fraud?
  3. (TCO 5) The primary way that fraud is prevented and detected is through a proper system of
  4. (TCO 5) A fidelity bond is a(n)
  5. (TCO 5) The information system component of internal control
  6. (TCO 5) _____ rearranges messages by a mathematical formula making the message impossible to read by someone who does not know the code.
  7. (TCO 5) Differences between the amount of cash reported on a company's bank statement and the balance in the company's cash account before the bank reconciliation are primarily due to
  8. (TCO 5) Cash requires specific internal controls because
  9. (TCO 5) Which of the following is an incorrect statement regarding short-term investments?
  10. (TCO 5) Which of the following is a true statement about sales?

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