The journal entry testing prescribed by SAS No. 99 identifies several common characteristics of fraudulent entries. Which of the following is one such characteristic?
A) an entry for credit sales to a buyer who does not pay his dues on time
B) an entry for repairs and maintenance of plant made every period
C) an entry for creating provisions for bad debts
D) an entry for asset made by the managing director of the company
Question 2
Which of the following is true?
a. The ledger account form maintains a running balance of the account.
b. When recording business transactions, it is not important that one use the exact account titles as listed in the chart of accounts.
c. The process of transferring information from the journal to the ledger is called journalizing.
d. All of the answers listed are correct.
Common errors in blood pressure assessment
Common postural abnormalities
Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture.
Common phlebotomy issues.
Common Types of Losses
Stress and the Common Cold