Exam 2 Study Guide
Accounting Anomalies- primarily caused by control weaknesses. They are not intentional
mistakes; they are simply problems in the system caused by failures in systems procedures and
Fraud is typically a needle in a ha
Fraud Examination Exam 1 Study Guide
Fraud- Deception that includes the following elements 1. A representation 2. About a material
point 3. Which is false 4. And intentionally or recklessly so 5. Which is believed 6. And acted
upon by the victim
Final Exam Study Guide
3. Why are financial statements important to the effective operation of capital markets?
They provide meaningful disclosures of where a company has been, where it currently is,
and where it is going.